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Campbells to hold conference analysing distressed and failed funds in Cayman and US
Offshore law firm, Campbells, will be hosting its annual conference with updates on the Cayman Islands fund industry.
New CIMA powers could see non-resident directors fined
Proposed legislative changes by the Cayman Government, which would give the Cayman Islands Monetary Authority (CIMA) significant new powers to impose administrative fines, would mean directors could be personally fined even if they are not based in Cayman.
JP Integra rebrands, hires senior staff, targets private capital sector and US
JP Integra Group, a specialist financial services firm headquartered in the Cayman Islands, has expanded the firm’s offering to target the private capital sector, made several important hires and has established a presence in the US market, Phil Griffiths, group director, JP Integra, told Cayman Funds Magazine.
Eden Rock acquires full ownership of ERG Asset Management
Eden Rock, an investment advisory firm owned by Eden Rock Group, has purchased Gottex’s stake in ERG Asset Management meaning the firm is now wholly owned by Eden Rock.
CIMA promotes deputy to acting head of banking supervision division
The Cayman Islands Monetary Authority (CIMA) has appointed Gloria Glidden as acting head of the banking supervision division. She replaces Charles Ilako.
Crowe Horwath Cayman boosts audit with hire from EisnerAmper
Crowe Horwath Cayman, a wholly-owned subsidiary of Crowe Horwath, a public accounting, consulting and technology firm, has appointed Neil Maynard as its audit partner.
Ogier appoints managing partner as chair of special economic zones authority
James Bergstorm, regional managing partner of Ogier has been appointed chairman of the authority that oversees the special economic zones law in the Cayman Islands.
Walkers Global warns of termination of regulated mutual funds
Delays in commencing the deregistration and winding up process may ultimately hinder a Cayman Islands regulated mutual fund (a Fund) from maximising cost savings in relation to regulatory and service provider fees, Walkers Advisory said.
No easy way to ensure alignment of interests, delegates told
The challenges of aligning the interests of investment managers and their clients were grappled with at one of the sessions at the Cayman Alternative Investment Summit, which has been taking place in Grand Cayman this week (February 4-5).
Elian Fund Services hires Admiral exec
Elian Fund Services has hired Padraig Hoare as associate director to focus on providing governance and oversight services to alternative investment funds.
