ATU Fund Administrators (BVI) Limited was the first fund administrator to receive a license from the Financial Services Commission in the BVI on 30th December, 1997. By the early 2000s it had grown to become the largest fund administrator on
Currently, there are 101 Approved Investment Managers licensed in the BVI, based on figures published by the Islands' financial regulator, the BVI Financial Services Commission (as of 30 September 2015). Factor in that the BVI now has two new fund
Sanne has appointed Sean Murray as its new head of fund services for the EMEA region. Based in Sanne’s Luxembourg office, Murray will take responsibility for the development of the company’s fund services offering, working with all of the Alternative
By Ashley Gunning (pictured) & Charlotte Beales-Hart – Commentators to the hedge fund industry agree that the fund administration landscape has been altered significantly by the mergers and acquisitions activity of the last few years. The consolidation of larger institutional
Fiduciary and administration provider, Estera, has acquired the Heritage Financial Services Group (HFSG), an independent business providing third party fund administration, depositary, trust and corporate services in Guernsey, the UK and Malta. The transaction is subject to regulatory approvals, following
Independent global service provider JTC Fund Services has established a Guernsey-licensed Management Company (ManCo) as it continues to strengthen its European fund services proposition. Through the new Guernsey ManCo, JTC is able to support fund managers with a broad range
Specialist fund services provider Moore Management has achieved International Standard on Assurance Engagements (ISAE) 3402 Type II accreditation. Building upon Moore’s previous level one accreditation, which was awarded to the business in 2015, this accolade marks the end of a
ALPS Fund Services is to expand its Denver-based hedge fund administration business with the acquisition of Kaufman Rossin Fund Services (KRFS), an independent, full-service provider of specialised administration services to the financial community. Established in 1994, KRFS has offices in
Global advisory and fund administration firm Maitland has appointed David Hathorn, until recently the CEO of FTSE 100 packaging and paper giant Mondi, to the firm’s board as a non-executive director. Hathorn (pictured) will also act as chairman of
Global independent fund administrator Apex Fund Services has become the first administrator to receive in principle approval from the ADGM to carry out regulated activity in the jurisdiction. Under the in principle approval, the grant of financial services permission
