Category: Offshore

Ocorian, the C.I.-based provider of fund administration, corporate, trust and capital markets services, has strengthened its European and UK business development team with the appointment of five new business development directors. Based in London, Andrew Stewart joins after most recently serving as an executive director at MUFG Investor Services. Chris Mayfield joins from Vistra. Vivienne…

FundRock, the Luxembourg-based third-party ManCo and AIFM that is owned by Apex, has launched a new operation in Luxembourg to provide fund distribution solutions to non-EU asset managers. Asset managers, for which FundRock or its affiliates act as ManCo/AIFM, will be able to access FundRock’s fund distribution solutions through the recently established FundRock Distribution S.A.,…

Gate Capital has selected Equity Trustees to provide UCITS ManCo services for its latest product, The Written Fund. The fund was launched on Equity Trustees’ Irish domiciled UCITS Gateway platform and is now open to investors. Equity Trustees is an Australia-based provider of trustee and fund governance services with funds under administration and management of…

Intertrust, the Netherlands-based provider of corporate and administration services, has been appointed as fund administrator and depositary to KLAR Partners, a European private equity firm. Intertrust will provide KLAR Partners with fund administration, depositary and SPV management services across Luxembourg and Sweden. KLAR Partners recently announced the final closing of its debut fund, KLAR Partners…

Horseshoe, the Bermuda-based subsidiary of Artex, has appointed Kathleen Faries as CEO. Based in Bermuda, Faries will work closely with Andre Perez, the founder and current CEO, who will assume the new role of executive chairman. Faries was most recently the head of Tokio Millennium Re AG, Bermuda. Horseshoe is a specialist administrator of insurance-linked…

U.S. Bank has launched an end-to-end solution for Irish Limited Partnership (ILP) funds, covering loan administration, fund and investor services, depositary, custody and account banking. U.S. Bank has established a comprehensive ILP solution across its global fund services, depositary services and global corporate trust business lines. U.S. Bank is understood to have secured its first…