Managers of Wealth Offshore

TISE first for Abu Dhabi Global Market fund

Two classes of the fund have been listed on TISE.

Foundation established to manage private-sector emergency fund

The foundation will complement existing government-led national efforts by supporting local non-profit organisations with funding for projects involved in all aspects of a disaster cycle, the release noted.

Why the Development of a Secondary Market Will Transform ILS

There are many things investors look for when deciding where they should allocate capital. First, they need to believe they will be paid a fair return for the risk involved.

Volatility in bank loan portfolio leads to Q1 loss for James River

A substantial part of the decline we report in the quarter has been reversed as debt markets have recovered significantly from quarter end.

Argo warns investment losses will weigh on Q1 results

While this continuing event is significant, Argo remains financially strong and will continue to support our customers and producers through the challenges ahead.

Alderney finances take "significant" hit

Alderney’s Policy & Finance Chairman James Dent said his committee has been advised of the need to identify and prioritise funds that can support the island's recovery from the Covid-19 emergency

MLA urges pension raid to reset ‘ridiculous’ system

This is one of the first steps in dismantling the system that ain’t working.

Private equity house takes stake in TigerRisk

The transaction is subject to customary regulatory approvals and closing conditions.

Apex Broadens Jersey Corporate Solutions Offering

The Throgmorton brand has been well-respected in the UK market for over 20 years and has enhanced the Group’s corporate solutions expertise with the addition of over 150+ experienced business services professionals.

Grant Thornton Channel Islands appointed to sell aircraft of local importance

Due to a lack of adequate funds to meet ongoing costs, in February 2020, the Directors of the owning company approached Grant Thornton’s recovery and reorganisation experts, Alan Roberts and Ben Rhodes, to assist them.

ZEDRA Fund services announces $230m LATAM fund win

Ryan Taylor, Director of ZEDRA Fund Services explained, “We have proven and significant experience in the small and mid-tier alternative funds administration sector."

New infrastructure fund launched in Guernsey

iCON Infrastructure Partners V beat its fundraising target within three months of starting fundraising.

Reinsurers donate eight ventilators to Bermudian hospitals

Venetta Symonds, CEO and president of BHB, noted that there is still no cure for COVID-19, making it even more important that hospitals are able to provide breathing support where needed.

Bermuda’s economy set to shrink by up to 12.5% this year: Minister of Finance

David Burt, Bermuda’s Premier, warned that Bermuda “cannot let the economic effects of this pandemic be worse than the health effects of this pandemic.”

How ZEDRA is supporting corporate clients during the Coronavirus

The Coronavirus may have changed the way we work, but it certainly hasn’t changed the rules of the game when it comes to running a business.

Options for BVI Hedge Funds Fearing a Rush of Redemptions in Light of the COVID-19 Pandemic

A difficult balance may need to be struck between protecting the rights and interests of individual investors whilst trying to maintain the value and future viability of the fund for the benefit of the broader investor base.

Apex extends corporate solutions offering in APAC through Hong Kong licence

Hong Kong has always been an important location for us and this expansion is a sign of our confidence and commitment.

Appleby Bermuda Advised Global Atlantic in their Launch of Ivy, A USD1 Billion Reinsurance Co-Investment Vehicle

Ivy is sponsored by Global Atlantic and designed to co-invest approximately USD1 billion with Global Atlantic and its subsidiaries in qualifying reinsurance transactions.

Ogier in Guernsey advises on the acquisition of the historic Holborn Links Estate

The Estate is located in the heart of Bloomsbury

R&Q to acquire ICI captive

R&Q takes pride in providing finality for captive owners either through outright acquisition or partial structured solutions such as reinsurance or novation.

AIM and Hedge Funds