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Carne Group opens office in the Channel Islands

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Carne Group, a provider of governance and oversight services for asset managers, has opened a new office in the Channel Islands.

Joining Carne as managing director responsible for the Channel Islands is Mark Hodgson, who will be available immediately to serve as an independent director on Jersey and Guernsey fund boards.
Hodgson is a highly experienced funds professional and has been resident in Jersey for over eight years. He has spent over 25 years in the financial services industry, including as a senior executive with HSBC in the UK and Jersey. He joins Carne from Capita, where he was managing director of its multi-jurisdictional offshore registration business, before leading Capita’s fund administration business as a managing director.
John Donohoe, CEO of Carne Group, says: “We are very excited to be able to add the Channel Islands to the list of jurisdictions where Carne now has a permanent presence. Jersey and Guernsey continue to play an important role in the growth and stability of the offshore funds business, including in alternative investment areas like private equity and real estate.”
Hodgson is very familiar with the local regulations governing Channel Islands funds and has sat on the boards of funds with a range of strategies. He will be able to assist Carne clients in meeting their Jersey and Guernsey governance needs.
Hodgson says: “I am looking forwards to working with the Carne team in helping to promote the Channel Islands as a funds jurisdiction. There is already demand within the industry for the Carne brand of independent oversight to be extended to Channel Islands funds, and I will be working to deliver that award-winning service here in Jersey and Guernsey.”

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