Close adds director of intermediary acquisition team

10 May 2010
Close Asset Management has announced an addition to its intermediary acquisitions team with the appointment of Cameron Jack as Director of Intermediary Acquisitions.

Cameron has spent the last eight years advising on a wide range of M&A transactions, most recently as a director in Kaupthing Singer & Friedlander’s UK M&A team and prior to that at Hawkpoint. He started his career at PricewaterhouseCoopers where he qualified as a chartered accountant. Cameron will report to Stuart Dyer, supporting him in the acquisition of IFA businesses.

Stuart Dyer, Head of Intermediary Acquisitions commented: “Cameron has joined at a very exciting time for Close; we have already announced our ambitious plans to grow the business both organically and through acquisitions and these plans are now gathering momentum. The RDR announcement will once again have brought the pressure of RDR compliance into focus for many IFAs.

“Recruiting talented staff who can offer guidance and insight during this transitional period is crucial in developing our IFA partnerships. We believe there will be a significant number of advisers looking to exit the market and Cameron’s appointment underlines our determination to develop the business in this area over the coming years.”