TMF Group names CEO of Irish fund management arm

TMF Group has announced the appointment of Lorraine Rooney as the new CEO of TMF Fund Management (Ireland) Limited, formerly Goodbody Fund Management. 

Rooney brings 18 years of professional legal and compliance experience and a strong track record to the position, having most recently held the role of general counsel and head of product at Goodbody Fund Management Limited. 

Prior to that, she held a number of senior roles in both international and Irish headquartered law firms, as well as regulated fund service providers. 

As CEO of TMF Fund Management (Ireland) Limited, Rooney will lead a team of individuals dedicated to providing fund management company services and solutions across a wide range of fund strategies and structures.

In her new role, she will report directly to James Coughlan, TMF Group’s market head for the British Isles and Ireland. 

Rooney said: “I am immensely proud to be appointed as the CEO of TMF Fund Management (Ireland) Limited; this opportunity allows me to combine my legal and regulatory professional qualifications with my funds background and strategic commercial approach to client service and business development. 

“In addition to deepening TMF Group’s international fund services offering, I will also be responsible for driving the tactical direction of our Super ManCo AIFM and UCITS management company business, and overseeing the delivery of risk, investment management and compliance services, continuously ensuring the highest standards of fund management governance and oversight for our valued clients.”

Coughlan added: “We are thrilled to have an individual of Lorraine’s calibre on our team. While our Super ManCo primarily focuses on alternative investment funds (AIFs) in the real assets sector, Lorraine will also look for additional opportunities in the UCITS space, and new opportunities overall to further support global asset managers looking to establish and operate Irish funds, particularly in the private assets sector.”