NewsmakersJanuary 22, 2024

Indefi Hires Daniel Roy as Senior Adviser

Roy was previously CEO of HSBC Private Bank and of Natexis Asset Management.

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Strategy consulting firm Indefi announced it has hired asset management executive Daniel Roy as a senior adviser for the firm, where he will advise its asset management clients on mergers and acquisitions and strategic partnerships.

Indefi provides advisory services to asset managers ranging from small boutiques to the largest global firms on things such as growth strategy, market entry, product development and enhancement, sustainability and M&A.

“Daniel’s firsthand industry experience and strong network will be invaluable as we expand our offerings across Europe and the U.S., particularly as we see more opportunities to advise on inorganic growth,” said Richard Bruyère, managing partner and co-founder of Indefi, in a statement. “So many asset managers find M&A elusive or difficult to achieve; Daniel brings the expertise and upstream thinking required to navigate its complexities.”

Roy has a decades-long career in asset management. He was previously CEO of La Banque Postal Asset Management, HSBC Private Bank France and Natexis Asset Management, which merged with Ixis Asset Management to become Natixis Investment Managers after Roy left. He was most recently head of development at Generali Asset & Wealth Management.

Roy began his new role on January 16, according to a spokesperson.

“I am delighted to join the talented team at Indefi and leverage my many years of asset management experience for the benefit of its clients,” Roy said in a statement. “After a long slowdown, there is pent-up demand for dealmaking, and M&A presents a robust opportunity in the years to come. I look forward to providing asset managers with strategic frameworks and guidance as they evaluate and pursue these transactions.”

Roy is a graduate of the Paris Institute of Political Studies and earned a Ph.D. in economics from Sorbonne University.

Hiring Roy brings additional asset management expertise to the firm, which in September 2023 announced that Jim McCaughan, the former CEO of Principal Asset Management, had joined as U.S. practice leader.