FundRock Luxembourg

Kavitha is a member of Apex’s senior and regional executive leadership teams, serving as Fundrock LIS CEO and Head of the Luxembourg Third Party ManCo business. With 30 years of experience in financial services, she joined Apex after the Maitland acquisition in 2022, having previously held senior roles at Maitland where she established its Luxembourg third-party management company. Kavitha sits on the board of ALFI and several Luxembourg investment funds and group companies.

Etienne serves as the Managing Director of ManCo Services for FundRock Managing Company SA. Prior to this role, he was Chief Operating Officer for Europe at our parent company, Apex Group. Previously, Etienne spent a decade at AXA Investment Managers, driving major corporate restructuring projects. He went on to found Architas, a multi-manager boutique within the AXA Group in London, acting as Chief Operating Officer. Etienne also held several managerial roles at AllianceBernstein, including Head of EMEA and Asia Insurance, and was Chief Operating Officer at Universal Investment Group in Luxembourg.

Frank is responsible for the strategic development of FundRock’s management companies in Luxembourg, with a particular focus on strategic outsourcing and lift‑out solutions for asset managers. He has played a central role in shaping one of Europe’s leading third‑party ManCo platforms, contributing to the successful consolidation and commercial expansion of businesses now overseeing more than €200bn across liquid and illiquid strategies in Luxembourg alone. From 2015 to 2025, Frank served on the Managing Board of FundRock LRI and currently sits on the Board of Directors of FundRock Management Company S.A. He is also a Director of FundRock Holdings S.A., the holding company of FundRock LIS S.A and FundRock MC S.A. and has been instrumental in driving the group’s M&A execution roadmap ensuring business development, operational alignment, cultural coherence, and long‑term value creation across multiple acquired entities. Frank holds degrees in Economics and Marketing (Utrecht University of Applied Sciences), Business and Real Estate (EBS Universität), and an MBA in General Management (Kellogg School of Management / WHU). A qualified banker specialising in investment management and analysis and a certified real estate economist, he brings more than 30 years of senior leadership experience. His previous roles at ING Investment Management, Union Investment, Robeco, and cash. life, alongside advisory engagements for private‑equity firms, reflect a long-standing track record in strategic development, M&A, reorganisations, and complex operational integrations. He is a Member of Honour of the Club of Finance.

Arnaud joined FundRock in 2020 and is Managing Director of FundRock Distribution. He has more than 25 years of experience as an EMEA institutional business developer and relationship manager in London. Arnaud has had an extensive exposure to and knowledge of portfolio management, strategic asset allocation, LDI/CDI, capital market and Fintech. Prior to joining FundRock, he worked at Sumitomo Mitsui DS Asset Management where he was Head of European Business Development and Client Relations, and before worked at Insight Investment as a Sales director, Pareto Investment and Wellington Management International. Arnaud is a Swiss citizen and fully qualified CFA® charterholder.