Paradigm boosts team with experienced Cayman-based independent director

Paradigm Governance Partners has expanded its Cayman Islands presence with the addition of an experienced Cayman-based independent director.

Jonathan Roney is available to serve as a professional independent director on the boards of both open ended and closed ended funds in addition to investment management companies.

Roney has acted as a director to Cayman Islands companies for more than 10 years and has over 20 years’ experience in the financial services industry, 15 years spent offshore. He sits on a broad range of open and closed ended funds with strategies including equity, credit, quantitative, fund of funds, special situations, private equity, real estate and loan origination. He has extensive experience and knowledge of hedge fund governance, operations, fund administration and regulatory risk management.

Prior to Paradigm, Roney spent eight years at Intertrust Cayman within the Fund Services Governance Team where he both led the team and acted as a professional independent director. Before Intertrust, he spent four years as the head of the structured finance and liquidations teams at Citco Trustees Cayman having previously run the shadow NAV accounting Team at KBC AIM, a UK based Investment Manager. His earlier roles included heading the client accounting and liquidations team at Maples Finance, a Cayman based fiduciary business and at Deutsche Bank, London within their convertible bonds business.

Geoff Ruddick, partner of Paradigm Governance Partners, said: “We are delighted to have Jon join Paradigm.  He is an established figure in the governance space and a recognized thought leader. Jon will add further depth to our team of highly experienced and diverse governance professionals.”

Roney added: “I am thrilled to be joining such a well-recognized and forward-thinking fund governance firm where I will complement their existing deep bench of talented fiduciary professionals. Paradigm’s core governance values such as substance over form, adopting a qualitative approach and having a passion for governance mirror my own values closely.

“Now more than ever it is critical for funds to appoint seasoned, knowledgeable proactive directors who can help clients navigate through the ever more complex regulatory environment. The provision of high-quality governance services is in the DNA of Paradigm and I am delighted to be joining the Paradigm family.”