Birmingham, UK (November 6th, 2020) – Colmore, the leading LP services and technology provider, are building on their recently developed Machine Learning platform by expanding their leadership team. In addition, Richard Lyons, one of Colmore’s founding executives, will spearhead a new relationship management and client success team, as Colmore looks to enhance the support of its rapidly expanding client base.
Mícheál Forrestal has joined Colmore as C.O.O, based in the Birmingham, UK office, and will run the global operations and accounting teams across Colmore’s business lines. Mícheál has also joined Colmore’s executive committee.
Eric Gilbert has joined as SVP of Engineering, based in the Dallas, Texas office and will manage Colmore’s data, development and technology teams.
“Colmore provides Private Markets portfolio analytics, accounting and fee validation services to the LP and Allocator communities. Technology’s role is to augment the skills and experience of our people and ensure our clients get the real-time, high quality insight that empower them to make optimal investment decisions.” said Forrestal. He continued “Colmore is doing great things already and I’m delighted to help do more.”
Ben Cook, Colmore CEO went further, saying “Machine learning will bring real benefits to our clients, but the way to truly make a difference is to use it to turbo-charge the work of our amazing teams. Technology is great, but it is not a silver bullet. Experience matters. Knowledge matters. Both Micheal and Eric have the right experience and knowledge to help make Colmore an even better partner for clients”.
As part of the changes, Richard Lyons will move into a new role overseeing Colmore’s client relationships. Cook said “Our clients’ success is our success and it’s vital that our clients have their voices heard right through our business. With Richard’s deep understanding of the needs of our clients, he’s the perfect person for this hugely important role”.
COLMORE is a leading, technology-driven investor services business focused on the Limited Partner market. The business operates from five offices located in New York and Dallas in the US, London and Birmingham in the UK, and Zug in Switzerland. COLMORE employs more than 150 professionals and the business monitors over 2,500 private market funds, 33,000+ holdings and undertakes more than 70+ million daily calculations.
For further information, please contact:
Ben Cook, Chief Executive Officer