AltResources, a provider of fund administration services for private equity firms, has named Joseph Daly to the post of compliance director. Daly has worked in senior finance roles at Bank of New York and, later, Morgan Stanley Fund Services, where he was the global director of accounting.
AltResources, a leading provider of fund administration services for private equity funds, today announced that Joseph Daly has joined the firm as Compliance Director, bringing to the firm over 25 years of accounting, compliance and client-service experience in alternative investments.
“We are delighted to have Joe on our team,” said AltResources Managing Director John Wiencek. “Joe has extensive experience and excellent financial and IT-systems skills that will be vital to helping our clients.”
“Private equity firms face a demanding regulatory environment and growing risk-management requirements from investors,” Daly said. “Independent administrators like AltResources are going to play an important role in helping private equity firms meet these challenges.”
Daly began his career in public accounting and served in senior finance roles at Bank of New York and, later, Morgan Stanley Fund Services, where he was the Global Director of Accounting. He is a graduate of Rutgers University and holds Masters degrees in Business Administration and Accounting from the University of Rhode Island.
AltResources is a leading provider of trusted, independent fund administration services for private equity, venture capital and buyout funds and other closed-end, committed capital structures. The firm provides a range of accounting, tax and compliance services customized to meet the needs of each client through an experienced team of professionals and state-of-the-art technology.