Highvern Trustees, a provider of specialist trust and company administration, family office, real estate and corporate services, has announced plans to launch a new fund services business on 1 January 2018.
The new business will be known as Highvern Fund Administrators and will offer a bespoke, precision-focused service.
The business will be headed by Aidan O’Flanagan, who has industry experience in Jersey and internationally.
“With the ever-increasing consolidation in the administration market, and private capital investment expected to grow too, this is a perfect opportunity for an independent firm to arrive and offer something different – a business built on continuity and sustainability with clients and employees at its core,” O’Flanagan stated.
The Highvern Trustees brand was created last year following the management buy-out and rebranding of Coutts & Co Trustees (Jersey).
Highvern managing director Martin Hall said: “Highvern has a strong reputation for providing expertise, high quality client relationships and continuity of service” added. “We have seen that already in the private client mandates we have retained and won since the buy-out, and now we aim to do the same in the private capital funds arena.”