Equity Trust Group, the provider of trust, fiduciary and fund administration services, has launched a US office for subsidiary EQUITY Fund Services. Robert A Schaeffer has been named Managing Director and is leading the US operation.
Schaeffer will be responsible for promoting and expanding the firm's global fund services' for alternative funds in the US. He reports to Joost Löbler, London-based Global Managing Director of EQUITY Fund Services.
"Robert brings hands-on experience to this role and has a proven track-record in building related businesses," said Löbler. "He has the full support and global resources of the firm and we are confident that his efforts will be integral to our continued growth."
"I see tremendous opportunity in the US and demand for a player that is truly global, has multiple and value-added offerings and is able to provide the personalised service that fund managers deserve," said Schaeffer.
Prior to joining EQUITY Fund Services, Schaeffer was Marketing Director for the Financial Services Practice at Eisner, LLP, New York, where he was responsible for the fund administration group. Before that, he was Director of Business Development at Rothstein Kass & Co in New Jersey and also served as Business Development Manager at KPMG Peat Marwick. Mr. Schaeffer holds a Bachelor of Arts from the University of Massachusetts at Amherst.
EQUITY Fund Services has over USD 15 billion under administration and offers services from 11 global strategic locations: Amsterdam, BVI, Cayman Islands, Curacao, Guernsey, Hong Kong, Jersey, London, Luxembourg, Malaysia and New York.
Equity Trust is present in following locations: Aruba, Argentina, Belgium, Bermuda, Brazil, British Virgin Islands, Cayman Islands, China, Cyprus, Curacao, Guernsey, Hong Kong, Jersey, Labuan, Liechtenstein, Luxembourg, Malaysia, Malta, Mauritius, the Netherlands, New Zealand, Panama, Samoa, Singapore, Sweden, Switzerland, Taiwan, United Kingdom, USA and Uruguay. The Equity Trust Group is owned by Candover Plc, a leading provider of equity for large European buyouts, and senior management.