Enfusion appoints two new execs to bolster partnership network

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Enfusion, a global provider of native cloud-based investment management solutions and services, has made two executive appointments to strengthen the firm’s growing global channel partner program of prime brokers, fund administrators, custodians, outsourced trading desk (OTD) providers, attorneys, and implementation consultants. 

Bolstering Enfusion’s already deep partnership base will provide mutual clients with enhanced functionality, connectivity and interoperability. It will also provide potential new revenue streams for Enfusion as it embarks on its next stage of growth.  
Peter Salvage has been appointed as Managing Director, Global Channel & Alliance Partners, in a newly created role where he will lead the effort to drive awareness, education, lead generation and revenue through Enfusion’s global partnership network. He brings over two decades of experience in investment management services with a strong track record of driving business expansion and creating meaningful relationships for clients. 
Salvage joins Enfusion from BNY Mellon where he served as Managing Director of the Alternative Investment Services group and ran their Credit, Private Debt and Hedge Fund businesses. Prior to BNY Mellon, Salvage was the Managing Director of SS&C Technologies Hedge Fund Services and held multiple leadership roles at Citi including Citibank's EMEA Head of Hedge Fund Services, founder/business lead of Citi's OTC derivative and bank loan services, Global Head of Citi’s Single Manager Hedge Fund Services and the head of Citi Prime Brokerage's portfolio management technology service. 
Labib Mahfouz will be joining as Executive Director, Americas, Channel & Alliance Partners. In his role, Mahfouz will report to Peter Salvage and will focus on deepening Enfusion’s relationships with existing partners and growing the partner network in the Americas. Mahfouz joins from Axonic Capital where he was a user of Enfusion’s cloud-native services. Prior to Axonic Capital he was Chief Operating Officer (COO) at Tricadia and Chief Operating Officer, Credit Trading at Barclays. 
“Enfusion’s partnerships are critical in our ability to deliver integrated solutions and services our clients need to solve their evolving challenges,” says Thomas Kim, CEO of Enfusion. “I am thrilled to welcome Peter and Labib in roles that will help foster mutually beneficial partner relationships that benefit our clients, while capitalizing on revenue driving opportunities to grow our business.”