Category: Independents

Vistra, the Asia-based trust, corporate services and fund administration provider, has announced two executive leadership appointments: William Douglas as chief commercial officer, and Derek Kemp as regional managing director of the UK, Ireland, Channel Islands, and the Middle East. Both are based in London, reporting to Alan Brown, CEO, and joining Vistra’s executive committee. Douglas…

Ocorian, the C.I.-based administrator, has opened a new representative office for its East African operations in Nairobi, Kenya, adding to an existing network of regional offices on the African continent (South Africa, Côte d’Ivoire and Mauritius). Andrew Musoke has been appointed business development director, responsible for sales to businesses and high-net-worth individuals in a region…

MUFG Investor Services has agreed to acquire parts of the fund administration business of Maitland, an advisory, administration and family office firm. Maitland personnel will join MUFG Investor Services offices in the Cayman Islands, Halifax, and Dublin. When completed, the acquisition will add approximately USD20bn AuA, bringing the total AuA to over USD600bn. The assets…

Opus Fund Services, the U.S.-based independent administrator, has acquired the fund administration unit of Advanced Fund Administration, which has offices in the Cayman Islands and New Jersey. Before this deal, AFA provided multiple lines of business to its hedge fund clients, consisting of legal, advisory and compliance services. AFA’s fund administration clients are now scheduled…