A year on from its management buyout from Coutts & Co, Highvern Trustees is launching a boutique fund services business.
Highvern Fund Administrators will commence trading on 1 January 2018, providing a complementary service to Highvern Trustees in Jersey.
It will operate under the leadership of Aidan O’Flanagan, who joins from Capita Asset Services, where he served as Director, Head of Fund Solutions. Before this, he spent three years as a senior manager within the Jersey Financial Services Commission.
Commenting on the new business, he said: “With the ever-increasing consolidation in the administration market, and private capital investment expected to grow, this is a perfect opportunity for an independent firm to arrive.”
Pictured: Highvern Managing Director Martin Hall with Aidan O'Flanagan (right)