Ravenscroft has appointed David Le Cornu as Head of Discretionary in Jersey, a new role that will focus on growing the discretionary investment management team and client base on the island.
David has worked in the finance industry since 1978 and has more than 25 years’ experience in investme...
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By Ravenscroft on
28 May 2021
The Jersey Financial Services Commission has appointed Kerry Petulla as its Director of Enforcement.
Kerry, who has served the Commission for nearly 15 years, will lead the Enforcement team investigating and, where appropriate, taking action against businesses and individuals that do not compl...
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By Jersey Financial Services Commission on
28 May 2021
Corporate, private client and funds services provider Hawksford has made two appointments to its corporate team – Darren Toudic (pictured) joins as a Director, Sophie Hay as a Manager.
Darren, who has more than 20 years’ experience in the financial services sector, will work with ...
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By Liquid on
28 May 2021
IQ-EQ has appointed Edward Stevenson to the newly created role of Head of Capital Markets, based in London.
Edward was more than 20 years’ experience in the capital markets sector. After university in London, he spent almost 19 years with BNP Paribas, where he eventually led the financi...
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By Aspectus Group on
28 May 2021
Appleby has advised Tritax Big Box REIT on the £90m acquisition of a 872,000sq ft distribution unit in Avonmouth, near Bristol.
Tritax Big Box REIT, a FTSE 250 real estate investment trust, is the only listed vehicle dedicated to investing in very large logistics warehouse assets in the ...
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By Appleby on
27 May 2021
Jersey-based HR services provider HR Now and performance coach Jimmy Kelly are forming a new business, Performance Now, which will offer services to improve individual and team effectiveness.
Becky Hill, who founded HR Now more than 12 years ago, leads a team of eight HR professionals providing int...
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By HR Now on
27 May 2021
The International Stock Exchange (TISE) is now the listing venue for more than 40% of all UK Real Estate Investment Trusts (REITs).
TISE has seen its proportion of the UK REIT market grow from around 25% in 2016, to more than a third in 2019 and now it has reached more than 40%.
Cees V...
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By TISE on
27 May 2021
Fund and corporate services provider the Aztec Group has opened its first office in the US, in a bid to establish itself as a global provider of administration services to the alternatives industry.
Located in Philadelphia, the office is the group’s first outside Europe. Aztec now admin...
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By Aztec Group on
26 May 2021
Parslows has advised Heirloom Watch on the launch of its new ecommerce business for sourcing, selling and dealing in luxury watches.
After many years of collecting and trading, and nurturing his own network of international watch dealers, Michael Landor, the founder of Heirloom Watch, decided to tu...
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By Parslows on
26 May 2021
BDO Group in Jersey has appointed Stuart Richford to the new role of Group Director – Financial Services.
Stuart brings to the group more than 25 years’ experience in private equity and fund administration, trust administration and banking services businesses.
He previ...
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By BDO on
26 May 2021
Sarah Bartram-Lora Reina, Executive Director within Ocorian's private client team, has been elected as President of the Jersey Association of Trust Companies (JATCo).
Sarah has been an active committee member of JATCo for a number of years and has served as Vice President for the past two. ...
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By Ocorian on
26 May 2021
PraxisIFM has made two appointments to its Private Client & Corporate team in Jersey – Ann Shanahan as Head of Compliance, working across the Private Client & Corporate and Funds departments, and Samantha Godwin as Senior Manager, Private Client & Corporate.
Ann (pictur...
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By Orchard PR on
26 May 2021
The Jersey Financial Services Commission is asking for feedback on its proposed fee rates for the funds sector.
It is proposing a 2% increase in fees following changes in the sector, in addition to introducing two new fees:
• A fee for transactions where a fund services business (FSB) applies ...
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By Jersey Financial Services Commission on
26 May 2021
Deloitte’s UK and OECD tax policy teams will join local tax partners for the annual Channel Islands International Tax Debate webinar on 16 June.
With international tax rules evolving and having more impact on the commercial and tax rationale for structures established in the Chann...
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By Black Vanilla on
26 May 2021
JTC has appointed Marcel Imery as Director of Business Development, based in JTC’s New York office.
Marcel provides structuring services to JTC’s private and corporate clients, with a remit to help drive growth across the US and Latin American markets.
With more than 30 ye...
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By Crystal PR on
25 May 2021
Stonehage Fleming Investment Management (SFIM), the investment division of the international family offices firm, has launched its Global Sustainable Equity Fund (GSEF).
The fund will replicate the equity component of Global Sustainable Investment Portfolios, launched in 2019, which has retur...
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By Montfort Communications on
25 May 2021
Carey Olsen has appointed Associates Sarah Kett and Acsah Nel to its dispute resolution and litigation team in Guernsey.
Sarah (pictured far right) trained at the Manchester office of Clarke Willmott before joining Carey Olsen.
She advises local and international clients on matters including...
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By Carey Olsen on
25 May 2021
A group of local employers has set up the Guernsey Green Forum to help the island meet its 2050 net-zero pledge.
The forum was formed from a belief that every business must play its part in creating a sustainable future. The founding members believe that while any single bus...
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By Black Vanilla on
25 May 2021
Joanne Peacegood has joined Guernsey Electricity’s board as a Non-Executive Director (NED).
The NED role involves providing independent oversight of running the business, including governance, business performance and strategic objectives. Working with the executive management team, Joa...
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By Liquid on
24 May 2021
PwC looks at the implications for the Channel Islands of the European Commission's plans for taxation
On 18 May, the European Commission presented its highly anticipated vision Business Taxation for the 21st Century, setting out an ambitious tax agenda for the next two years. This in...
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By Crystal PR on
21 May 2021
Increasing levels of activity from venture and private equity funds over the past 12 months has continued into 2021 with significant interest from new managers looking to launch their first fund in Guernsey, according to Ogier’s funds team on the island.
The team recently acted as lead counse...
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By Crystal PR on
21 May 2021
Issue 73 of Businesslife, a special edition on the future of financial services, is now available online.
The digital and technological transformation of the financial services sector is only likely to increase post-pandemic – and will need to be managed alongside further sector changes also ...
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By BL Global on
21 May 2021
Jersey-based active fund management group TEAM has announced its interim results for the six months ended 31 March 2021.
Mark Clubb, Executive Chairman of TEAM, commented: "We are at the start of developing a new business and we have made a good start.
"In January 2020, we acquired...
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By TEAM Asset Management on
21 May 2021
Fairway Group has appointed Mark Hucker as interim Chief Executive Officer, subject to regulatory approval, and Matt Ebbrell as Chief Operating Officer.
Mark brings with him more than 20 years of finance industry experience encompassing c-suite roles in Jersey-based fiduciary services a...
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By Fairway Group on
21 May 2021
RBS International has appointed Martin Fent to the role of Chief Risk Officer.
Martin has been with the RBS group since 2007, having previously served in a management role with Barclays Capital for three years.
He has held a variety of customer, risk and commercial roles during his career, w...
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By Crystal PR on
21 May 2021
Jersey's government has published the States of Jersey Annual Report and Accounts for 2020, highlighting the government's achievements over the past year, its response to Covid-19 and its financial performance.
The Performance Report provides a breakdown of the activities and initiatives ca...
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By Government of Jersey on
20 May 2021
Hand Picked Hotels has exchanged contracts on the acquisition of Fermain Valley Hotel and Ziggurat Hotel in Guernsey, and the Braye Beach Hotel in Alderney, subject to regulatory approval.
Hand Picked Hotels' CEO and Chairman, Julia Hands (pictured), commented: "We are delighted to be acqu...
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By Hand Picked Hotels on
20 May 2021
Investor services group IQ-EQ has made three senior appointments to its Group Technology team – William Harris as Chief Digital Officer, Shezad Khan as Head of Data and Analytics, and Vikas Sharma as Head of Engineering.
William, a specialist in IT business strategy and tec...
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By Aspectus Group on
20 May 2021
The house price report for the first quarter of 2021 has been published by Statistics Jersey.
On a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during the year ending Q1 2021 was 2% higher when compared with the previous quarter (year ending Q4 2020).
On a...
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By Government of Jersey on
20 May 2021
Global fiduciary services provider IQ-EQ has received regulatory approval to formally acquire Concord Trust Company, making Concord officially part of the IQ-EQ Group.
News of this strategic transaction was first announced in April and is the first for IQ-EQ in the US private wealth trust spa...
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By IQ-EQ on
19 May 2021
Carey Olsen's corporate team in Guernsey has advised Genius Sports on its public listing on the New York Stock Exchange (NYSE), following its merger with dMY Technology Group II, an NYSE-listed special purpose acquisition company (SPAC).
The transaction implies a pro forma enterprise valu...
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By Carey Olsen on
18 May 2021
Brooks Macdonald International has appointed Richard Hughes (pictured) as its new CEO, subject to regulatory approval.
Richard will replace current CEO Andrew Shepherd, who is returning to London to become Group CEO in July. Andrew in turn succeeds Caroline Connellan, who is leaving the busine...
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By Crystal PR on
18 May 2021
Corporate administration, financial reporting, funds and family office solutions provider LGL has appointed Mike Newton as Managing Director for Jersey.
Mike brings to the new role more than 25 years’ experience in financial services, with a focus on private equity and venture capital.
He mo...
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By Refinery on
17 May 2021
SPF Private Clients has appointed Gary O’Neill to lead its Real Estate – Debt Advisory proposition and strengthen its commercial finance offering.
With a banking career spanning 30 years, Gary previously spent 22 years with RBS International in Guernsey, latterly as Head of Corporate an...
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By Hamilton Brooke on
17 May 2021
The States of Guernsey has released its Quarterly Residential Property Prices Bulletin for the period 1 January to 31 March 2021.
For the first time, the bulletin includes data on private rentals for the latest quarter, which have previously only been published on an annual basis.
The data s...
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By States Of Guernsey on
17 May 2021
More than two-thirds (68%) of CEO respondents from the world’s largest companies say they plan to take on a major investment in data and technology over the next 12 months, while 61% plan to undertake a major transformation initiative over the same period.
So says EY's CEO Imperative Stud...
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By EY on
17 May 2021
Sanne Group has rejected a takeover offer made earlier this month by private equity firm Cinven, which valued the company at £1.3bn.
Shareholders were offered 830p per share, a 22% premium to the previous closing price, with the possibility to receive the final dividend of 9.9p declared on 19...
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By Sanne Group on
14 May 2021
The Guernsey Financial Services Commission has published its 2020 annual report and financial statements.
Director General William Mason noted: “Last year, in common with the rest of the world, the bailiwick had to deal with the effects of the global pandemic. During that period, the Com...
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By Guernsey Financial Services Commission on
14 May 2021
KPMG has made several promotions across its audit, tax and advisory teams in Jersey and Guernsey.
In the Jersey office, Mark Flores (pictured) and Dag Pandan have been promoted to Senior Audit Managers. In addition, Christine Lim and Chloe Hammond have been promoted to Assistant Manager...
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By KPMG on
14 May 2021
Legal and governance services firm Mourant has advised private equity firm L Catterton Singapore on the establishment of a special purpose acquisition company (SPAC) with a $250m fundraising target.
L Catterton, one the largest consumer-focused private equity groups in the world, will focus this la...
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By Mourant on
14 May 2021
Deloitte and Digital Jersey have announced their latest joint TechTalk virtual event on Innovations in Intelligent Automation.
The free-to-attend session will be held online from 9.30am to 10.30am on Wednesday 19 May.
The speakers – Deloitte Director of Channel Islands Consulting...
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By Black Vanilla on
14 May 2021
Jersey Hemp, one of the first British Isles company to receive a licence to produce CBD, is seeking to raise £6m from existing and new investors to help fund expansion.
The latest fundraising comes after an initial £2m seed-funding round in 2019, a year after the establishment of ...
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By Citigate on
13 May 2021
The Jersey Financial Services Commission has published its 2020 annual report.
The Commission said its top priority in 2020 had been to keep its people, the Jersey financial services industry and its Registry customers safe while staying ‘open’ for business.
The report documents ...
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13 May 2021
Ocorian has assisted insurance and asset management firm Generali to buy a stake in Ridemovi, which operates micro-mobility services in 17 Italian and Spanish cities.
Thomas Fahl, Managing Director at Ocorian Fund Management, said “We are delighted to be able to facilitate this transact...
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By Ocorian on
13 May 2021
IoD Guernsey's Skills sub-committee has revealed the results of a survey it launched in February to seek business leaders’ priorities for skills development and recruitment.
The sub-committee had 59 responses from employers, 54% of whom represented companies with more than 20 people...
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By Black Vanilla on
13 May 2021
Guernsey has announced the creation of an environment, social and governance (ESG) framework for insurers.
Designed by the Guernsey International Insurance Association (GIIA), the framework aims to help member organisations manage ESG opportunities and risks and to deliver positive ESG impact...
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By We Are Guernsey on
12 May 2021
The States of Jersey Development Company (JDC) has appointed Carolyn Dwyer as a Non-Executive Director to the board and Fiona Smith as the company’s first board apprentice.
Until recently, Carolyn’s role was Director of Built Environment for the City of London, working to maintain the i...
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By JDC on
12 May 2021
AIM-listed alternative finance platform GLI Finance has rebranded to Sancus Lending Group.
The name change reflects the company’s new focus on alternative property finance, a major growth area in the business over the past few years, led by the performance of its wholly owned subsidiary, Sanc...
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By Sancus on
11 May 2021
Parslows has advised Jersey Post Group on its purchase of Jersey-based freight and delivery group Woodside Logistics.
Woodside has warehousing and shipping depots and operations in Jersey, Guernsey and the UK, and extensive logistics experience across a range of industry sectors for commerci...
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By Parslows on
11 May 2021
Lawyers from Carey Olsen's corporate team in Guernsey have advised global private equity firm TriSpan on the launch and first close of its latest fund, TriSpan Opportunities II.
Fund II, which has so far collected commitments of approximately $100m, is focusing on opportunities in the low...
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By Carey Olsen on
11 May 2021
The Guernsey Financial Services Commission has announced that, following consultation with industry, it has revoked the Non-Guernsey Scheme regime and associated rules.
A Non-Guernsey Scheme is a collective investment scheme that is not established or incorporated in the bailiwick of Guernsey and i...
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By Guernsey Financial Services Commission on
11 May 2021
UK-based insurance broker PIB Group has acquired CBC Insurance (Jersey) – or CBCJ – in a bid to extend its presence across the Channel Islands.
Following approval from the Jersey Financial Services Commission, the newly acquired business will be integrated into PIB’s Channel...
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By PIB Group on
11 May 2021
We Are Guernsey – through Guernsey Green Finance – in association with the United Nations’ Finance Centres for Sustainability Global Network, has set out details of its second Guernsey Sustainable Finance Week, which will be held in June.
Offering a programme of physical and virtu...
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By We Are Guernsey on
11 May 2021
Channel Islands real estate developer RED fund, managed by Ravenscroft, has appointed Catharine Walter as its Chair and Libby Burne as a Director.
The appointments follow Andrew Haining's decision to step down as Chairman and Director, a position he has held since RED fund was establ...
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By Ravenscroft on
11 May 2021
Collas Crill has appointed Simon Beswick as its new Chairman.
Simon brings to the role 35 years of legal and leadership experience. As Osborne Clarke's International CEO, he has led the law firm's growth across Europe, Asia and the US for the past 12 years.
Earlier in his career...
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By Collas Crill on
10 May 2021
Financial services provider STM Group has sold its Jersey-based company and trust services (CTS) businesses to Guernsey-based Imperium Group, for a minimum net cash consideration of £1.40m.
Following regulatory approval from the Jersey Financial Services Commission, the sale was completed on ...
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By STM Group on
10 May 2021
RBS International's Institutional Banking team has closed a new syndicated €40m secured asset-backed facility to Tesseract Holdings, a wholly owned subsidiary of Aquila European Renewables Income Fund (AERIF).
AERIF, a London-listed investment company advised by Aquila Capital Invest...
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By Liquid on
10 May 2021
The Guernsey Institute of Directors (IoD) Committee has appointed Wendy Dorey (pictured) as Chair.
Wendy joined the IoD Committee in 2019. She has served as Vice Chair for almost a year and will fulfil the role of Chair for a two-year period.
A Chartered Director, Wendy has spent more than 2...
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By Black Vanilla on
10 May 2021
Ashburton Investments (International) has appointed Sebastian Volpe to the role of Chief Operating Officer.
Seb has worked for the business for more than six years, most recently as Operational Change Manager within the operations division of Ashburton Investments (International). Prior to&nb...
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By Crystal PR on
7 May 2021
Jersey-based trust and corporate services company VG has promoted Aaron Smith (pictured) to Senior Trust Officer and announced several other appointments, following a 225% increase in new business during 2020/21.
Aaron, who joined VG in 2018 in a trust administration capacity, has more than 1...
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By VG on
7 May 2021
Fiduciary and fund services provider Highvern has appointed Joanne Doyle to the role of Associate Director within its risk and compliance team.
Joanne joins the firm from the Jersey Financial Services Commission, where she has spent the past 12 years focusing on the supervision of trust compa...
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By Direct Input on
6 May 2021
Boutique law firm Amati Law has been launched in Jersey this week, specialising in regulatory, corporate and commercial, private client and trust, and property matters.
The firm is led by Managing Partner James Mews (pictured), who has spent the past four and a half years as Counsel at Pinel Advoca...
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By BL Global on
6 May 2021
UBS has released the results of its latest global Investor Sentiment survey, which polled 2,850 investors and 1,150 business owners with at least $1m in investable assets or annual revenue between 30 March and 18 April this year.
According to the survey, investors continue to hold elevated le...
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By Refinery on
6 May 2021
Walkers has made two appointments in Jersey – Matthew Dibb as Senior Counsel in the Insolvency and Dispute Resolution team and Tatiana Collins as Senior Counsel in the Investment Funds and Corporate Law practice group.
A specialist in cross-border financial disputes and commercial litigation,...
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By Walkers on
6 May 2021
We Are Guernsey, on behalf of Guernsey Finance, has produced a new guide to private wealth structures for single and multiple family offices.
The report – Governance and Sustainability – has been developed with Hodson & Company to support the movement towards sus...
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By We Are Guernsey on
6 May 2021
Trust Corporation International has promoted Marie Hards and Rachel Rushton to Associate Directors.
Marie has been with the firm for almost 15 years, having previously worked in the private client fiduciary department of Kleinwort Benson. She joined Trust Corporation as a Trust Officer...
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By Orchard PR on
5 May 2021
Credit Suisse in Guernsey has appointed Glen Tonks to the position of Chief Executive Officer and Branch Manager for Guernsey.
Glen succeeds Paul Annegarn, who has served as CEO for almost five years in Guernsey and is relocating to manage the bank’s operation in the Bahamas.
In ...
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By Black Vanilla on
5 May 2021
Accelerated digital adoption, upskilling and product innovation will be key themes for the funds industry in Jersey over the coming years, according to the findings of the latest annual survey of Jersey Funds Association (JFA) members.
The survey, exploring opportunities and issues for Jersey&rsquo...
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By Crystal PR on
5 May 2021
Ogier has provided Guernsey legal advice to Burford Capital on the private offering of $400m aggregate principal senior notes by its wholly owned subsidiary, Burford Capital Global Finance.
The 6.25% senior notes, due 2028, are guaranteed on a senior unsecured basis by Burford Capital, as wel...
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By Crystal PR on
5 May 2021
Crestbridge has provided a range of administrative services to support the launch of the Energy Transition Europe fund by Energy Transition International Capital (ETIC).
The fund achieved a first closing of €55m, with a total fundraising target of €200m.
With a focus on infrastruct...
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By Crystal PR on
5 May 2021
The International Stock Exchange (TISE) has appointed Andrew Watchman as its Chief Financial Officer.
Andrew has served as a Senior Finance Manager at TISE since October 2017, with responsibility for TISE’s financial reporting, management information and financial control environment.
&...
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By TISE on
4 May 2021
Investec Wealth & Investment (CI) has appointed Tiffany Gervaise-Brazier to the role of Investment Director in its Guernsey office.
Tiffany joins from Ravenscroft in Guernsey, where she has served as Portfolio Manager since 2015. Prior to this, she worked for HSBC in an analyst position, having...
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By Investec on
4 May 2021
C5 Alliance, part of BDO in Jersey, has announced three new appointments in Guernsey – Zac Mohiuddin as Senior Cloud and Infrastructure Consultant; Gavin Lanoe as Cloud and Infrastructure Consultant; and Dean Fitton as Senior Accounts Manager.
Zac has more than 18 years’ experienc...
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By C5 Alliance on
4 May 2021
Carey Olsen's investment funds team in Guernsey, together with Northern Trust, have supported Coller Capital, an investor in private equity's secondary market, on the launch and $9bn final close of Coller International Partners VIII.
The fund will focus on providing liquidity solution...
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By Carey Olsen on
4 May 2021