New York (HedgeCo.Net) – UK industry specialist Throgmorton has added Carolyn Twist to their team, a former Executive Director and European Controller at Morgan Stanley, she has been brought on board to bolster the company’s outsourced COO/CFO service.

Carolyn’s appointment highlights the increasing institutionalisation of the alternative investment management space. The increase in spin-outs from proprietary trading desks at investment banks into fund managers has driven a demand for a more comprehensive package from their third party service providers. They want the best possible back and middle office structures around them so they can concentrate on the business of managing money.

Prior to joining Throgmorton, Carolyn worked for six years with a number of alternative investment management businesses as an independent COO/CFO consultant and fund director.