Amber Partners provides operational risk services to the financial services industry (including hedge funds, private equity funds, long only funds, banks and other institutions) and has done so globally since 2005. Amber is financially backed by global institutions including JP Morgan, BNP Paribas, and Fullerton Fund Management (a wholly owned subsidiary of Temasek Holdings).
Collectively, our staff have reviewed the operations of more than 1,200 investible entities. We combine 80 years of direct experience in ODD, finance, operations, and administration. Amber's reputation, and its business, rests on its ability to identify and elucidate operational risks.
Mrs. Nahum founded Amber Partners in July 2004 and launched Amber Partners' operational certification services in November 2005. She is widely acknowledged to be a market leader in operational risk due diligence across the alternative funds industry, advising investors, as well as some of the world's largest hedge fund managers, asset management firms and other institutions globally on operational best practices. Mrs. Nahum brings over 20 years of experience in the hedge fund industry. She is a frequent speaker on operational risk issues at hedge fund conferences and has been widely interviewed on operational risk issues by the general press and industry publications.
Prior to founding Amber, Mrs. Nahum was President and Director of UBP Asset Management (Bermuda) Limited for 9 years and a Member of Senior Management of Union Bancaire Privee. As global head of UBP's operational risk due diligence function, Mrs. Nahum was responsible for the creation and development of UBP's operational risk group which was one of the first to be created within the hedge fund industry. Mrs. Nahum was also responsible for overseeing investment management, compliance, accounting, registrar and transfer agency, corporate secretarial and other administrative services to investment vehicles under UBP Asset Management’s management.
Mrs. Nahum began her career with Ernst & Young and holds a Bachelor of Commerce degree with Distinction from the University of Alberta and is a member of the Canadian Institute of Chartered Accountants, the Institute of Chartered Accountants of Alberta and the Institute of Chartered Accountants of Bermuda.
Ms. Jared Donnelly joined Amber Partners in August 2005 and her role includes leading the delivery of Amber's operational certification and operational risk consulting services globally, oversight of Amber's operational certification methodology, and quality assurance. Ms. Jared Donnelly has spent in excess of 20 years working in the hedge fund industry, in both audit and fund administration.
Ms. Jared Donnelly was previously a Vice President of Fund Administration at BISYS, where she was responsible for a team of 45 professionals and oversaw 60 alternative investment vehicles. Her responsibilities included net asset value calculations, accounting, compliance, registrar and transfer agency, corporate secretarial and other administrative services. Ms. Jared Donnelly initially joined BISYS as Vice President of Training and Quality Assurance to establish their fund administration training program, which included developing and implementing policies and procedures for best practice in relation to security valuation, anti-money laundering checks and shareholder services. Preceding her work at BISYS, Jamie Jared Donnelly worked as a Manager in the investment focus group of Ernst and Young in Bermuda, where she was responsible for a portfolio of hedge fund audit engagements.
Ms. Jared Donnelly holds a Bachelor of Commerce degree from the University of Alberta, Canada, is a member of both the Canadian and Bermudian Institutes of Chartered Accountants, as well as being a CFA (Chartered Financial Analyst) charterholder. Ms. Jared Donnelly has also served on the Board of Directors of the Bermuda Society of Financial Analysts.
Mr. Jones joined Amber Partners in November 2009 and his role includes delivery of Amber's operational certification and operational risk consulting services globally, business development as well as contributing to the development of Amber's strategic direction.
Prior to joining Amber, Mr. Jones worked for Eiger Capital as the CFO for a Structured Investment Vehicle which invested in a range of asset backed securities and other financial instruments. As CFO he led projects to substantially restructure the vehicle and to bring in house its middle and back office functions. Mr. Jones has more than 16 years experience in the financial services industry including as an Equity Research Analyst at Morgan Stanley and Strategist at Commerzbank.
Mr. Jones began his career at Ernst & Young in the Capital Markets Group, a multidisciplinary industry group serving investment banks, brokers and dealers. He developed risk management and valuation expertise in a wide range of financial instruments and derivatives as well as an in depth understanding of the systems and controls operating in trading environments.
Mr. Jones holds a BA (Hons) in Natural Sciences from the University of Cambridge and is a member of the Institute of Chartered Accountants in England and Wales.