Alexander Funds (Alexander) is pleased to announce the appointment of Rachel Shirley as its new CEO. This appointment reflects Alexander’s growth and the need to clearly delineate its investments business from its operations.
As a co-founder of the business, Ms Shirley has been responsible for leading Alexander’s growth strategy from day one and has overseen implementation of new technology and innovations. As the business continues to grow, Ms Shirley will drive broader business initiatives, as well as the strategic directions set by the board.
Ms Shirley’s appointment allows co-founder Chris Black to focus solely on the portfolio management of the firm’s two credit funds alongside a growing investment team.
Commenting on her appointment, Ms Shirley said: “There are a lot of exciting developments in the pipeline and I’m excited to lead the team through this period of growth.”
Prior to this appointment, Ms Shirley had served as Chief Operating Officer, a role she held from the firm’s inception. She is supported by Tim Cox, Executive Chair, and a growing operations and executive team.
The appointment was praised by Mr. Cox who said “I’ve worked closely with Rachel for many years and am excited to see her continue to deliver excellent outcomes for the business.”
“Over the next 3-5 years the business is aiming for meaningful yet controlled growth. This appointment will ensure that the best interests of investors continue to be served as the business grows.”
This move comes as the latest in a series of new appointments for the expanding credit fund manager, following the appointment of a Head of Distribution in March 2021 and Head of Data Analytics in July 2021.