Equiom acquires HF Fund Services
Equiom has acquired HF Fund Services Ltd, a provider of non-executive independent directors to alternative investment funds and investment management companies which was founded in 2007 by Sean Flynn and Patrick Harrigan.
The business operates from the Cayman Islands and Ireland, providing a premium service to a blue-chip institutional client base.
HF has always focused on quality of service and restricts the number of clients each director services to ensure service quality and client responsiveness is maintained. Its seasoned director team comes from a variety of backgrounds including fund administration, investment management and law, bringing this experience to bear on its clients’ behalf.
Equiom’s Chief Executive Officer, Mark Porter, says: "HF represents a strategic investment into our funds governance capability. Our focus is on providing services from tier 1 fund jurisdictions to high quality asset managers in key global financial centres. This capability is highly complementary to our existing fiduciary service model and allows us to extend our service offering for clients looking for fund servicing capabilities, particularly in alternative asset classes.
"I am delighted to welcome Sean, Patrick and the team to Equiom and value the expertise and industry knowledge they bring to the Group."
Sean Flynn, Managing Director of HF Fund Services, says: "Since we established HF Fund Services in 2007, our clients have grown in size and number and our priority has always been to provide them with the best possible service. Going forward, our clients can still expect the same high service standards they are used to, but with the added benefit of gaining access to the international reach and expertise of a global group which is committed to providing a comprehensive offering to investors and asset managers. Equiom is a forward thinking and ambitious business with clear values – all of which are a sound fit for our business model. We look forward to fully integrating with Equiom over the coming months and working closely with our colleagues across the group to continue to provide exceptional service."
The addition of the Cayman Islands and Ireland offices add to Equiom’s already established presence in the Americas and Europe respectively.