Richard Boutland ACA, CFA
Alternative Fund COO and CFO
Tel: 732-***-**** ****************@*****.***
Chartered Financial Analyst and Chartered Accountant with over 20 years of senior leadership experience working for global firms. Has managed global teams in the following sectors: Hedge Funds, Portfolio Management, Private Banking and Operations (including Accounting, Audit, Budgeting, Compliance and Risk Control). Has worked extensively with vendors and third-party service providers including lawyers, accountants, auditors, custodians, and prime brokers. Proven success in developing, implementing, and executing strategic plans. A United States Permanent Resident who is authorized to work in the United States on a permanent basis. PROFESSIONAL EXPERIENCE
Chief OPERATING Officer March 2021 - Present
Private Family Office (Fully remote from New Jersey) Working closely with senior leadership on developing, implementing, and executing a strategic plan. Manage operations, finance, and compliance infrastructure. Oversee all regulatory reporting and compliance requirements.
Chief Operating Officer October 2012 - March 2021
Sofaer Global Research Hedge Fund, Hong Kong and later remote from the United States Provided leadership and oversight over non-investment decision-making and activities including accounting, regulatory and taxation affairs, human resources, office management and IT support for this international hedge fund.
Set up new Cayman hedge fund, obtained/maintained clean audits across the group, implemented Foreign Account Tax Compliance Act (FATCA) reporting successfully. Organized major corporate transactions, negotiated, and handled contracts with outside counsel and corporations.
Managing Director November 2009 - September 2012
H Flag Capital Advisors, Hong Kong
CFO/COO/Risk and Compliance Manager for an established Asian long/short equity fund and a start-up Asian Private Equity Fund.
Senior Vice President and Portfolio Manager
EFG Bank AG, Hong Kong July 2008 - November 2009
Similar role to previous HSBC one.
Director and Portfolio Manager, Hedge Funds Group
HSBC Private Bank (Suisse) SA*/Bank of Bermuda, Ltd, Hong Kong February 1994 - July 2008
*Bank of Bermuda was purchased by HSBC in February 2004.
Managed hedge fund portfolios (effectively running private 'funds of hedge funds’)
Implemented and maintained the internal portfolio quality control oversight processes for all Asian Hedge Fund portfolios
Directly responsible for over US$250 million of client assets
Managed all of the 'international' hedge fund clients in Asia, including Indian, Non-resident Indian, Middle Eastern, and local non-Chinese (such as expatriates).
Largest client portfolio was US$52 million (a European Family Office). Richard Boutland ACA, CFA
chief OPERATING officer
2
Brought in ‘net new money’ of average US$10 million per calendar month in last twelve months through own marketing and good relations with Private Banking teams, especially the International teams in Hong Kong and Singapore, and with the Non-Resident Indian teams in Hong Kong, Singapore and the Middle East.
Director of Private Banking January 2001- July 2004 Bank of Bermuda, Ltd., Channel Islands and Hong Kong
Headed the Private Investment Management activities for Bank of Bermuda, Asia
Oversaw private client investment activity (approximately US$400 million of diverse assets) and was a member of the Investment Policy Committee which set investment policy globally for the Private Bank.
Directly managed a six-person team.
Created and implemented the internal control processes to ensure portfolios were correctly managed and appropriate to client needs.
Chairman of the Bank of Bermuda Private Fiduciary Investment Review Committee. This committee oversaw all of the Bank of Bermuda Private Client Fiduciary Investment activity globally (several US$ billion of assets).
Represented the Asia-Pacific region on the Bank of Bermuda Investment Policy Committee which set investment policy globally.
Private Client Portfolio Manager
Bank of Bermuda, Bermuda and Jersey, Channel Islands August 1998 - December 2000 Managed diverse private and institutional portfolios in Private Clients Division. Corporate Trust Vice PresidenT February 1994 - August 1998 Bank of Bermuda, Bermuda
Serviced hedge and private equity funds including accounting, fund set-up and structuring, and exposure to systems development and implementation in the Corporate Trust Department. Computer ANd PRESENTATION skills
Microsoft Office Excel, Word, and PowerPoint
Systems Implementation Assisted with the evaluation and implementation of new technology for (a) portfolio management, (b) corporate actions processing, (c) custody and reporting.
Presentation Skills Has taught and given investment presentations for Continuing Professional Education for lawyers,
accountants, trustees, and investment professionals. Author of published articles in accounting journals and other professional publications.
QUALIFICATIONS and EDUCATION
Chartered Accountant Institute of Chartered Accountants of England and Wales Chartered Financial Analyst Is currently a member of the CFA Institute and the CFA Society of New York. Has been a Board Member of both Bermuda and Hong Kong CFA Societies. Has been a
Keynote Speaker for the CFA Institute in Hong Kong. Bachelor of Science, Chemistry Kings College, University of London, England