MANAGEMENT EXPERIENCE

Procure Expertise Management has:

• Advised foreign government agencies, central depositories, exchanges and issuers on developing the appropriate regulatory and market exchange regimes to foster and support ETF market growth.
• Developed and coordinated project plans for issuers, global custodians and fund administrators to expand existing infrastructure and processes to service ETFs.
• Collaborated with global investment managers to design, support, and launch first-to-market ETFs.

Examples of successful New ETF Opportunity Project Management engagements:

• Coordinated efforts of issuer and legal counsel to obtain regulatory approval and launch of first multi-asset long/short set of products traded on the NYSE Arca exchange.
• Directed product and operational design, regulatory approval, and launch for patented unique long/short trust structured ETFs.
• Developed and implemented the business plan for non-U.S. investment manager to establish and launch U.S. domiciled ETF platform, which included restructuring non-U.S. middle office support for the platform.
• Advised European investment manager throughout implementation of the business plan to structure and launch U.S. domiciled ETF platform.
• Developed and coordinated project plans for multiple global custodians and fund administrators to expand existing fund service infrastructure and processes to service ETFs and UCITS.
• Provided integrated collaboration with European capital markets board to draft and adopt domestic ETF regulations, including advising exchange, central depository and issuer on structuring, supporting, and servicing domestic ETFs.
• Formulated detailed work-flow plan for Asian stock exchange to develop domestic ETF market.
• Advised Asian stock exchange and central depository to establishing processing logic and procedures to support in-kind creation and redemption process for first domestic ETF.
• Worked with global investment manager to design and launch first REIT based ETF in the U.S. market.
• Collaborated with World Gold Council in the design of the first gold ETF (GLD) in the U.S. market.