City Financial, the independent investment management firm with over US$4 billion in group assets, announces the appointment of four new senior operations hires. Amy Wong, William Dumas, Justin Brodersen and Simon Taylor have joined the firm with effect from 1 December 2016. All four will report directly to Lou Thorne, Global Chief Operating Officer.

They all join from Fortress Investment Group (NYSE: FIG) where they previously worked with Lou in the Liquid Markets business. Amy Wong was Co-Director of Operations and Treasury, William Dumas was Co-Director of Operations, Justin Brodersen was Director of Middle Office, and Simon Taylor was UK Operations Manager. Amy, William and Justin will be based in New York, while Simon will be based in London.

Lou Thorne, Global Chief Operating Officer at City Financial, said: “As we continue to expand our business across three continents, the time is right to invest in senior operations hires with specialist hedge fund experience. I had the pleasure of working with Amy, William, Justin and Simon at Fortress, and look forward to working with them again at City Financial as we continue to build the operational infrastructure that our clients require and expect.”

Andrew Williams, Chief Executive at City Financial, commented: "Asset growth exceeded expectations this year, and we are in a strong position to invest in senior people and teams in order to best support future growth. It is a testament to the firm that Lou has been able to attract his former colleagues to City Financial, and I’m confident that their collective experience will prove invaluable as we build our business and launch new investment strategies.”