Global corporate, private client, and fund services provider Hawksford has entered into an agreement to acquire Paradigm Governance Partners (Paradigm), a Cayman Islands and US-based specialist governance and fund services company.

Subject to regulatory approval from the Cayman Islands Monetary Authority (CIMA), the acquisition will form part of Hawksford’s ongoing expansion strategy, supported by STAR Capital, and will follow the recent acquisitions of Healy Consultants, ACT Management Services, Pearse Trust and Griffon Solutions.

As a privately-owned CIMA-licensed fiduciary services company, Paradigm provides specialist governance solutions to global alternative fund managers, across multiple jurisdictions and asset classes, including hedge funds, family offices, closed-end funds, and private equity.

From its offices in the Cayman Islands and the US, the business provides a range of independent director, distressed fund, value recovery, outsourced accounting, and anti-money laundering services, as well as support around economic substance, ancillary services such as registered office, corporate secretarial and board support.

The acquisition will bring Paradigm’s specialist range of governance services to Hawksford’s global fund manager client base, complementing its longstanding expertise in key regions including Asia, EMEA and the UK. At the same time, the deal will introduce Paradigm’s existing client base to Hawksford’s broader full-service proposition.