Equinoxe Alternative Investment Services has opened new offices in Malta and Singapore, expanding its presence to seven locations.
Malta is an important jurisdiction for Equinoxe with a growing number of funds deciding to avail themselves of its EU status and favourable taxation regime to domicile there, whilst still falling under the AIFMD umbrella.
Stephen Castree, chief executive of Equinoxe, says: “Malta is an excellent complement to the presence that we already have in Ireland and we are delighted to report that the Malta Financial Services Authority has authorised Equinoxe Malta to conduct fund administration business.
“I am also extremely pleased to announce the opening of Equinoxe in Singapore, as a regional hub for servicing our Asian business, which has been growing steadily. Equinoxe anticipates seeing significant regional interest in Funds being serviced from this office.
“We are anticipating opening further offices in the coming 12 months driven by the increasing volume of our North American business. The development of our consultative approach to middle office servicing and technology integration is leading to several new mandates, with this product currently being rolled out in North America.
“As ever, maintaining a controlled rate of growth with excellent customer service remains our principal objective, and each office continues to take on two to three clients per quarter.”