Managers of Wealth Offshore

Jersey’s First Crowdfunding Site Offers ‘Springboard’ for Busi

Jersey’s first crowdfunding platform to help businesses secure funding for growth is launching this summer.

JTC Luxembourg Supports Hidrovias International Finance S.à r.l. on US$500 Million Bond Issuance

This news follows Hidrovias do Brasil’s debut bond offering in January 2018, which JTC Luxembourg also provided support on, and its initial public offering of shares in September 2020.

Greenlight Re returns to profit on investment gains

The company’s investment income for 2020 was $25.5 million with $4.4 million coming from the Solasglas fund.

Financial aid for Guernsey's travel and tourism businesses extended until June

Taxi companies will also receive continued salary support for workers, although this will be capped at 50%.

Mainspring & Aspida launch $550m Guernsey - Domiciled Private Investment Fund

Through the partnership, fund managers will benefit from the focused, specialist services of Aspida for governance, economic substance and regulatory compliance, and Mainspring for fund administration.

Service spotlight: Debt-related services

Our debt and restructuring administration team complement our wider team's asset-specific expertise in areas

Crestbridge wins ‘Best Regulatory Advisory and Compliance Firm’

The winners were selected through a rigorous ‘peer review’ online voting process from a broad cross-section of managers, service providers and investors in the European alternative funds space.

ERS to build Bermuda-based reinsurance and ILS platform

ERS, the UK-based specialist insurer, is raising $350 million in capital via Abry Partners and Aquiline that will finance its expansion into specialty reinsurance and a new Bermuda-based specialty re/insurance vehicle and an ILS manager.

Ireland: A Fund Domicile of Choice

Irish regulated funds are exempt from Irish tax on income and gains derived from their investments and are not subject to any Irish tax on their net asset value.

ERS to build Bermuda-based reinsurance and ILS platform

This capital raise will provide further support for our transition into a specialty re/insurer, driven by an experienced management team, strong underwriting talent and the deployment of technology to enhance the client and broker experience.

Sanne crowned Best Administrator at prestigious Awards

Congratulations to all the winners of the various categories of the 2021 awards.

Guernsey says it's 'business as usual' for island's funds sector post-Brexit

The key thing is that there has been no change in Guernsey's relationship with the EU and the UK.

RBC announces launch of financial advisory services

This adds to our already robust suite of financial solutions and is yet another way we can stand out from our competition.

Bahamas private island goes on sale for $19.5 million

Little Ragged Island, also known as St Andrew’s, is the largest private island currently for sale in the Caribbean paradise.

The Growth of ESG and Momentum into 2021

On a global level, market players pledged to do more. ESG considerations steered business decisions in a way never before seen, as the market increasingly saw both reputational and financial dimensions to ESG risk.

Rewiring Finance for Good

It’s perhaps a sign of the times that in his budget speech last week UK Chancellor Rishi Sunak included an initiative to make £15bn of green bonds available to investors to help finance the UK’s transition to net zero by 2050.

Crestbridge announces Dublin office and seasoned hires to launch Irish operations

Crestbridge is authorised to provide Corporate Services in Ireland and aims to provide fund administration services shortly, subject to regulatory approval from the Central Bank of Ireland.

Starling Bank swoops in £270m share sale to global investors

The funding round is being led by Fidelity Management & Research (FMR), one of the world's biggest asset managers.

DARAG acquires SunPoint Holdings in Bermuda

DARAG, the legacy acquirer, has acquired SunPoint Holdings in Bermuda, which will be integrated into the business to provide a platform for further expansion.

Bermuda Captive Conference to go ahead as a virtual event in June

The 17th annual Bermuda Captive Conference (BCC) will be held as a virtual event on June 14-15, 2021.

AIM and Hedge Funds