Maples Fund Services is strengthening its presence in the Asia Pacific region with the launch of the full service offering
of MaplesFS in Singapore. The office will also service Cayman Islands funds that require on the ground support from
Singapore.
Maples Fund Services (Singapore) will focus on providing middle office, data aggregation and reporting, and fund administration services to Singapore domiciled funds established by family offices, private wealth managers and institutional investors.
Eastern Fong, regional head of fund services - Asia, will head the Singapore team. Maples Fiduciary (Singapore) will
be under the leadership of Hugh Thompson, global co-head of fiduciary, who has 14 years’ experience as a director on
investment funds and structured finance vehicles.
In addition, the team in Singapore will provide director services for Cayman, Hong Kong and British Virgin Islands domiciled entities where an Asian time zone presence is needed. Clients will also have access to Maples eServices, which is a proprietary web-based portal that provides a single view to manage all global entity information.
“We are excited about the opportunity that Singapore creates as a jurisdiction, particularly as it relates to business arising
from family offices, institutional investors, hedge funds and private equity,” said MaplesFS Chief Executive Officer, Scott
Somerville.
“Our presence in Singapore will significantly boost our brand as a regional offering with close ties to our existing office in Hong Kong.”
