People Moves

MaxCap expands team

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MaxCap Partners, an independent London-based multi-family office and provider of wealth management services, has hired Michel Piette and Ittan Ali as investment managers. Piette and Ali, who will be co-managing the investment team, will divide their focus so that Piette will look after hedge funds and commodities while Ali will take greater responsibility for equities.

Mohammad Syed, chief executive officer of MaxCap said: “MaxCap was founded four years ago to meet the investment needs of the ultra high net worth families dissatisfied with the offerings of traditional private banks and wealth managers. Our investment team is formed of