Prestige adds new COO to Malta operation

Prestige Capital Management (PCM) has appointed Jonathan Scott as chief operating officer to its Malta-based investment operations office.

Scott joins the firm after a career in financial services spanning over 16 years, split between the United Kingdom and the USA with international investment banking groups Credit Suisse, Barclays Capital, BNP Paribas and JP Morgan Chase.

Announcing the appointment in a statement earlier today the company said that Scott will bring a “wide range of operations, investments, risk management, and financial related experience” gained from his career in investment banking.

Craig Reeves, chief executive and founder of Prestige Capital Management, said: “We’re excited by the appointment of Jonathan to our expanding team. People of his calibre are always sought and it is encouraging to see that both Prestige and Malta are increasingly able to attract this level of talent. With an expanding operation in Malta, we need personnel with Jonathan’s experience to facilitate our growth plans.”

Malta and Luxembourg-domiciled SICAVs

In 2015 PCM obtained full scope AIFMD capabilities and now operates both Malta and Luxembourg-domiciled SICAVs. It also moved to new premises in a larger office complex in Naxxar, on the north side of the island, to meet the needs of the growing business and associated increase in personnel.

Established in 2011, PCM is a Malta-based investment management company. The company specialises in international alternative investments. It opened its original office in Malta in Spring 2011 and currently provides a central investment management, risk management and accounting function for its Malta and Luxembourg-domiciled SICAVs, along with providing various support services for non-regulated administration-based activities of affiliated Prestige companies.

ABOUT THE AUTHOR
Gary Robinson
Deputy Editor, International Investment and Head of Video at Open Door Media Publishing. A fully qualified journalist and filmmaker with more than 20 years' financial services experience, both as journalist and originally as an IFA.

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