Belasko Strengthens Commercial Growth Strategy in Luxembourg With Senior Hire Richard Marshall

For immediate release

[1 December 2025] Belasko has appointed Richard Marshall to spearhead its Commercial Development efforts from Luxembourg, marking a further step in the firm’s investment in senior commercial talent as it continues to scale its presence in Europe’s private capital market.

Richard brings more than three decades of experience across asset management, operations, and commercial strategy, including senior roles at BNY and BlackRock. He joins from Carne Group, where he delivered commercial activity from Luxembourg and supported investment managers in achieving their investment strategies across both liquid strategies and the private capital space.

Partnering with local and Group leadership, Richard will lead Belasko’s commercial expansion from Luxembourg, strengthening the intermediary network and broadening the firm’s reach with private capital managers across Europe and other priority markets.

Richard Marshall said:
“I am excited to join Belasko at a time of strong momentum for the business. Luxembourg is a key market, and I look forward to contributing to the continued growth of our commercial platform and our ambitions across the Group.”

Greg McKenzie, Luxembourg Country Head, added:

“Richard is highly respected in the market and joins us at a pivotal time in Belasko’s ambitious growth journey. His commercial strengths, strategic mindset and strong network will play a key role in accelerating our expansion and deepening our presence across the region.”

This appointment reflects Belasko’s commitment to investing in senior commercial capability and building a scalable platform for sustained growth in Luxembourg and beyond.

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