Based in London, Natale will be responsible for developing client relationships with institutional and wholesale investors in the Italian market.
His brief will also cover oversight of regional development, asset raising targets, and working with colleagues to build local awareness of the Hermes’ offering and brand recognition.
The appointment coincides with the recent registration of Hermes’ UCITS fund range in Italy.
He will report directly to Paul Voûte, head of European business development.
Voûte said: “Over the past three years, Hermes has dramatically expanded third-party assets with over half of new clients coming from Europe. Italy is a core European market, important in the next stage of our growth strategy in the region. Angelo’s wealth of experience will help us deliver on this strategy.”
Natale, who has more than 20 years of experience in capital markets and asset management, was previously at Duemme SGR SpA, the asset management arm of Gruppo Banca Esperia where he was senior director, business development.
He has also worked for Bear Stearns and Lehman Brothers in New York and London.