Kinetic Partners, the global financial services advisory firm, has promoted Jess Shakespeare to member in the Cayman Islands.
Shakespeare becomes a member within the corporate recovery and forensic & dispute advisory team.
Kinetic Partners has strengthened its team in the Cayman Islands to reflect the increase in zombie funds assignments and the call by many investors to exit these positions.
With zombie funds, Kinetic Partners’ focus is to support clients to expedite positions, by implementing bespoke exit strategies for investors in these distressed funds.
Mark Longbottom, member at Kinetic Partners’ Cayman Islands office, says: “Our reputation as leading Cayman liquidators and forensic experts, particularly with our role in a number of recent high profile cases, has driven an uptick in new engagements to service the increasingly complex need of our clients. The growth of our Cayman office and service offering is focused on our experts’ understanding of the challenges which can arise from changing market conditions in a dynamic industry.”