Kane LPI has appointed Alain Fournier as head of fund administration services.

Based in the firm’s Bermuda head office, Mr Fournier, a 15-year veteran of the industry, will be responsible for all aspects of the management of the life, pension and investment division, which provides an extensive range of customised fund administration services.

Mr Fournier was previously managing director and chief operations officer at HH Management. He joined the firm in 2010 as a start-up and played a central role in establishing the Bermudian-based investment management company.

Before this, he was group manager at Citi Hedge Fund Services Ltd, responsible for the management of the shareholder services and transfer agency team.

He has also worked at Olympia Capital International, Charles Taylor Captive Management Company and KPMG. Mr Fournier is a member of the Institute of Chartered Accountants of Canada and a CFA charter holder.

John Uprichard, Kane LPI’s chief executive officer, said: “We are delighted to welcome such a highly respected and experienced practitioner in the fund management arena to our team.”

Mr Fournier added: “Bermuda offers an extremely efficient and cost-effective location in which to establish a variety of fund structures.

“By offering the full spectrum of administration capabilities, Kane LPI is ideally positioned to support managers across the investment spectrum, from the initial start-up of the investment vehicle through to providing the flexible and robust infrastructure to facilitate their growth ambitions.”