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Management Team
The Senior Management Team of MPFM has decades of collective experience in managing assets, with a focus on risk management, absolute returns and actively managed market-based strategies.
Jeremy Leach
Jeremy Leach commenced his career in composite insurance broking in 1984 where he developed an extensive level of experience in all facets of personal lines, commercial insurance and discretionary asset management. When polarisation of the Insurance and Financial Services industry occurred in the United Kingdom in the late 1980's, he gravitated towards the Financial Services sector, furthering his knowledge and experience in respect of investment management and collective investment schemes.
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He holds a number of non-executive board positions with Regulated Mutual Funds and Securitisations and also sits on the board of a number of financial services companies. He is the CEO of Managing Partners Limited ("MPL"), a Global Fund Management group that manages a number of Regulated Mutual Funds and Collective Investment Schemes.
He is a member of the Chartered Institute for Securities and Investment (CISI), and a member of the Worshipful Company of International Bankers (Incorporated by Royal Charter).
Jeremy Leach is widely regarded as one of the most knowledgeable asset managers in the field of traded policies and life settlements. He has written in excess of 100 technical articles on life settlements, financials and economic trends for retail media groups including the Financial Times Group as well as being a guest speaker on CNBC.
For further information, please visit www.jeremyleach.com.
Nicholas Calleja
Nicholas Calleja started his career with KPMG where he spent 7 years working in their Malta, Channel Islands and St Petersburg offices. He was mainly involved in audit of manufacturing, telecommunications and financial services companies and eventually moved to PricewaterhouseCoopers in Moscow. In 2009, Nicholas joined a boutique fund administrator as Finance Director and in 2010 was appointed Managing Director.
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Nicholas is the Company's CEO and is generally responsible for the daily management of the company operations and finances, and all the funds that MPLAM manages. He is also CFO of the Managing Partners Group after joining as Group Finance Director in 2013, and is an executive director of other Group subsidiaries.
Nicholas graduated from the University of Malta with a Bachelor of Commerce and an Accountancy Honours degree. He is a Certified Public Accountant, holds a practicing certificate in auditing issued by the Malta Accountancy Board, is a member of the Malta Institute of Accountants, the Malta Business Network and also a member of the Institute of Financial Services Practitioners in Malta.
Jean Farrugia
Jean is a qualified lawyer and has been a senior partner with DF Advocates since 2003. Having considerable experience acting as a transactional lawyer, he specialises in financial services and corporate law with a special focus on investment services (both from a regulatory and transactional perspective), banking, securities law and capital markets, corporate restructuring (including cross-border restructuring), joint ventures, mergers and acquisitions and private placements equity issues, listings, and general corporate advisory work.
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He has also frequently instructed to act for clients in connection with the privatisation processes of state owned, public tenders and concessions. Jean also acts as non executive director on the boards of various regulated entities operating in the financial services sector, including funds and fund management companies with a particular focus on the legal and regulatory aspects of their operations, corporate governance, regulatory compliance and AML..
Paul Z Magro
Paul is the co-founder and managing director of RiskCap International Limited. Paul is responsible for risk management and quantitative research at RiskCap. He has been involved in the financial industry for over a decade having worked in foreign exchange, invoice finance and payment services. During this time he acquired skills in quantitative analysis, financial modelling and risk management.
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He co-founded RiskCap after completing his PhD in Finance at the University of Bangor in June 2013. He has continued to develop his skills in quantitative modelling. Paul has been approached and engaged to sit on boards, and act as the risk manager to, various funds and managers licensed in multiple jurisdictions, mostly within the EU.
He is also a visiting lecturer at the University of Malta's Banking and Finance department lecturing on hedge fund strategies, alternative investments and financial modelling.
Karl Micallef
Karl Micallef is an executive director at Curmi & Partners and acts as an investment committee member and Director for a number of regulated, Malta-based financial institutions. Karl joined Curmi & Partners Ltd in 2001 working within the research and equity division covering local and foreign equities. In September 2001 he complimented his formal education (First Class Honors Degree in Banking & Finance) with a Masters Degree in Financial Services.
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In 2010 Karl obtained the CFA qualification and became a member of the CFA UK Society. Following this qualification Karl started focusing more of his time on asset allocation formulation and portfolio management for institutions (specifically occupational & private pension schemes and insurance companies) and high net worth individuals. Karl is also an Accredited Representative of the MSE.
Benjamin Muscat
Benjamin Muscat is a free lance business consultant advising on capital projects, organisational and corporate restructuring exercises, corporate funding and business processes. He is also appointed as an independent director on a number of regulated entities including Investment Managers, SICAVs, Trust and Fiduciary Services providers, a bank and a international leisure group listed on the Malta Stock Exchange.
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He is appointed as an Investment Committee member for a number of self managed funds, advising mainly on real estate investments and is also approved by the MFSA for appointment as an MLRO and Compliance Officer. Mr Muscat also chairs a number of Audit Committees and is also appointed as a non executive director and company secretary on a number of non- regulated entities.
Prior to the free lance consultancy business, Mr Muscat's professional career spanned forty years during which he occupied senior executive positions for a number of leading Maltese business groups spanning diverse industrial and services sectors. Mr Muscat is a Fellow of the Chartered Institute of Corporate Accountants (UK).
Joe Portelli
Joseph has three decades experience employed in various capacities within the financial industry in the U.S and in Malta. He has vast experience as a portfolio manager, currency and commodity trader and has been employed with Bank of America, Nomura Securities, Goldman Sachs, Millburn Ridgefield, Global Capital, and Liongate Capital Management. His most recent position was chief investment officer and managing director of FMG Funds, an emerging markets specialist.
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He currently is Chairman of the Malta Stock Exchange and sits on its Audit Committee. Between April 2013 and April 2015 he sat on its board and chaired its Risk Management Committee. He is also Chairman of the Financial Literacy Board focused on improving financial literacy in Malta consisting of Malta Stock Exchange and Ministry of Education members. He is principal of Risk Compliance Ltd a company focused on servicing the fund industry in various capacities focusing primarily on risk management.
He is also a board member and sits on the investment committees of APS Bank SICAV and other financial companies. Joseph founded the Institute of Investment Analysis and is also a visiting lecturer at the University of Malta, and has taught courses at the Central Bank of Malta, Malta Institute of Accounting and other institutions. He is a regular contributor to the Times of Malta, writing about investment education. Joseph graduated with a BA from Baruch College, City University of New York.
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