Investment management software company Enfusion has named former Tassat executive Thomas Kim its new Chief Executive Officer.
Most recently, Kim was the CEO of New York-based Fintech Tassat. Before that, he served as the Chief Operating Officer of the Investment Engine Group at the world's largest hedge fund, Bridgewater Associates, and has also held leadership roles at UNX, Lehman Brothers and TradingScreen, among others.
In his new role at Enfusion, Kim will work to advance the company's global strategy and lead its existing initiatives. He takes over for Tarek Hammoud, the company's previous CEO and an original founder, who will continue to serve as the firm’s Executive Chairman.
"Given Thomas's success leading innovative financial technology firms and his experience across buy and sell side institutions, he is the right person to lead us into the future," said Hammoud.
The company, which is headquartered in Chicago, also has offices in New York, London, Dublin, Hong Kong, São Paulo, and Mumbai. Enfusion helps over 4,000 funds through a combination of software, services and analytics, available on one platform. Its software solution was recently recognized as the "best in class" full front-to-back office investment management platform in the industry by Aite.
As it looks to expand its reach, Enfusion has been bringing on a variety of new talent since last year. The company announced in August that it was growing its global business with the appointments of Steve Dorton as Chief Financial Officer and Ben Eva as SVP – Global Head of Marketing. Dorton has more than two decades of corporate strategic planning experience, previously serving as CFO at Quinnox and holding previous leadership roles at Invision Capital, NAVTEQ and the Walt Disney Company. And prior to joining Enfusion, Eva worked at Broadridge, Euromoney and Nielsen.
Most recently, Enfusion hired Madalin Prout as its vice president for relationship management, while in February it named Julie Nagle as Chief Human Resources Officer. At the time, the company revealed that it had increased its global staff by 121 percent last year and has plans for a 188 percent increase in 2020.