Aztec Group, a fund and corporate services administrator, appointed Todd Werner as U.S. head of private credit.
Based in Radnor, Pennsylvania, Werner will lead the private credit offering at Aztec Group in the U.S., with a remit for developing and implementing strategy, enhancing operational efficiency and effectiveness, building a high functioning team and expanding Aztec Group’s presence in the U.S. market.
He will also play a key role in developing Aztec’s private credit business in the United States by supporting the evolution of best practice, financial governance and strategic considerations related to the processing and reporting of loan investments and the development of the private credit service model.
Werner joins Aztec Group from Ultimus Fund Solutions, where he was senior vice president of retail alternative funds and was responsible for developing and implementing the go to market strategy for the retail alternative fund business. Prior to that, Werner was a director at SS&C, responsible for overseeing fund accounting and administration services for private equity and private credit clients.
“I am delighted to join the Aztec team,” Werner said. “I was attracted to the business by its compelling growth strategy in the United States. I look forward to developing Aztec’s private credit capabilities, working with the team on our strategic goals and delivering outstanding service to our clients. Aztec’s desire to expand operations in the U.S. coupled with support from its award-winning service teams in Europe, made the choice to join the group an obvious one for me.”
Werner’s appointment follows the recent appointment of Scott Kraemer as head of U.S. markets in April 2024.
“I am pleased to welcome Todd to the senior leadership team in the U.S. He brings a wealth of experience and expertise in private credit and the retail alternative fund business,” Kraemer said. “Todd’s appointment reflects our commitment to growing our footprint in the U.S. and increasing the scope of our offerings to our clients. With Todd’s extensive expertise, we are confident that we can continue to deliver on our promise of unrivalled service quality and value to our clients while building on our private credit capabilities in the U.S.”
Werner holds a master’s degree in business administration from Fordham University and a bachelor’s degree in finance from Shippensburg University.
