David Lloyd, MBA, LLB, Acc. Dir, MCSI

Founder & Managing Director

David is the founder and managing director of Bell Rock Group. He has over 25 years of senior-level industry experience and provides fund governance and independent director services to a range of regulated Cayman investment funds (hedge funds, crypto funds, venture capital, private equity funds (including investment committee's and governance committee's), fund management companies and other alternative investment entities. David also acts on the board of foundation companies and DAOs, acts as supervisor to DAOs, acts on the board of virtual asset service providers, fintech companies and one of the leading companies in artificial intelligence.

David was formerly a director at Citigroup in London working on the trading desk developing and structuring multi-asset investment funds (UCITS, QIF’s, SICAV’s, offshore funds, structured note and derivatives platforms) and acting as investment adviser to a range of multi-asset funds and capital markets investment products. He was a member of the Citi Global Management Senior Risk Committee and formerly senior legal counsel advising on structuring and distribution of all aspects of multi asset and multi-strategy funds plus distribution. He was formerly at BNP Paribas, Credit Suisse and SunGard Global Trading.

David holds a MBA in Finance from the University of London, is a Chartered MCSI with the Chartered Institute for Securities & Investment (CISI), a member of the Institute of Directors, holds the Investment Management Certificate with the CISI, an Accredited Director (Acc.Dir), Member of the Institute of Directors (UK), Called to the Bar of England & Wales, LLB Law Degree from the University of Wales, Executive Leadership Course with SAID Business School (the University of Oxford), Fellowship Member of the International Bar Association, the ACI Financial Markets Association and a member of the Investment Management Due Diligence Association (IMDDA). David is registered with CIMA as a director under the Director Registration & Licensing Act 2014. David is a member of the Digital Asset Working Group at AIMA, a certified expert in blockchain and web3 with the Blockchain Council and a certified advanced compliance investigator by TRM Labs. He holds additional qualifications in blockchain and DLT. David is resident in the Cayman Islands.

Drew Dhanraj

Co-Founder & Head of Corporate Services

Drew is the head of corporate services and the co-founder of Bell Rock Group. Drew is an experienced independent director to offshore funds with over 20 years of experience which covers a wide range of funds & managers operations, fund platforms, financial regulations, fund structuring and formations, finance, investment funds management, structuring, and corporate fund governance and over nine years acting on the boards of investment funds, hedge funds, private equity and investment companies.

Drew also provides compliance and regulatory services to Cayman Islands entities, such as acting as the Money Laundering Reporting Officer (MLRO), Deputy MLRO (DMLRO) or Anti-Money Laundering Compliance Officer (AMLCO).Bell Rock Group in the Cayman Islands which is an independent and regulated director and fiduciary services firm by the Cayman Islands Monetary Authority ("CIMA"). Prior to joining Bell Rock Group, Drew was the General Manager at Active Services (Cayman) Limited providing compliance and company management services to a wide range of Cayman investment funds and structures. Prior to this she worked for CIBC Bank and Trust Company (Cayman) where she was responsible for acting on the board as trustee to hundreds of trust companies. Drew is registered with CIMA as a director under the Director Registration and Licensing Act 2014. Drew is resident in the Cayman Islands.

Evan Judd, CFA

Director - Fund Governance

Evan joined Bell Rock in September 2013, and provides non-executive independent director services for hedge funds, investment management companies, traditional long-only funds, private equity (including investment committee's) and venture capital funds. Evan’s career spans over 25 years in asset management where he has served in senior management positions with major banks such as Merrill Lynch and Morgan Stanley. His expertise in portfolio management, fund governance, structuring, and operations has allowed him to serve on numerous boards in both executive and independent director capacities in jurisdictions ranging from the Cayman Islands and BVI, to India and Singapore. Evan brings a wealth of practical experience in international markets with over 20 years spent in Asia. Extensive business interactions in Tokyo, Hong Kong, Singapore and Mumbai have provided him an easy familiarity with cross-cultural business environments. He speaks fluent Japanese. Early in his career, Evan managed global bond and currency portfolios for institutional investors in New York. Subsequently, he spent a number of years in Tokyo where he worked to establish Cayman based investment vehicles and customized hedge fund portfolios for Japanese investors. At Shinsei Bank, Evan was the head of asset management overseas operations where he oversaw the successful establishment of a joint venture and two affiliated asset management companies, obtaining both a Mutual Fund License from the Securities Exchange Board of India, and a Fund Management CMS License from the Monetary Authority of Singapore. Outside of work, Evan’s interests gravitate to wine and golf. He is WSET Certified, and a qualified sommelier. On the golf course, his dreams still exceed his abilities, but he is forever optimistic that hard work will one day lead to a single digit handicap if he doesn’t break his putter first. ​

Qualifications

• B.A. degree (cum laude) in Economics, University of Texas
• Chartered Financial Analyst (CFA) designation, 1991
• Member of the CFA Institute and CFA Society of San Francisco
• Member of the California Hedge Fund Association
• Advisory Board, Tokyo Hedge Funds Club, 2005-2008
• Executive and independent board director service in multiple jurisdictions.

Jeffrey Shaul, CFA, FCSI

Director - Fund Governance

Jeffrey provides independent director services to hedge funds, private equity and venture capital funds. With over 30 years of investment industry experience, Jeffrey Shaul has an impressive track record in many facets of financial services, including establishing and managing investment funds. Jeffrey has been involved in the conception, launch and management of many public and private investment funds, including a private equity fund-of funds managed on behalf of Canada Pension Plan Investment Board, and a hard asset hedge fund in conjunction with Van Eck Global.

He has also held senior investment banking positions with Scotia Capital and TD Securities. Jeffrey started his career practicing corporate and securities law at Osler, Hoskin & Harcourt in Toronto.

Jeffrey is a member of the Law Society of Ontario, the CFA Institute and CFA Society Toronto and is a Fellow of the Canadian Securities Institute. Jeffrey was a member of the sales practices committee of AIMA Canada from November 2006 to May 2009, and has appeared on BNN (Business News Network) as a commentator on the hedge fund industry.

He is registered with the Ontario Securities Commission (and other securities regulatory authorities in Canada) as well as the Cayman Islands Monetary Authority in accordance with the Director Registration & Licensing Act.