Managers of Wealth Offshore

Artex creates international platform for growth with acquisition of Heritage Insurance Management

Deal sees Artex expand beyond North America for the first time, creating one of the largest captive managers in the world

Caribbean Export Supports Caipa's Efforts at Attracting Green FDI Investment

Caribbean Export was pleased to support representative members of CAIPA in their mission to increase the visibility of the Caribbean as an ideal location for Green FDI investments

Bahamas properties lure with luxury

The economic downturn prompted massive layoffs of hotel workers, paralyzed work on some projects and wiped out others.

Bedell Cristin acts for Artex in insurance acquisition

The deal will see Artex expand strategically beyond North America for the first time

Ogier and Aztec advise on launch of new USD2.5 billion Guernsey natural resources fund

Ogier partner William Simpson and senior associate, James Cooke, acted as Guernsey legal advisers on the fund launch. Aztec Financial Services Limited are the administrators of the new fund.

Bermuda: Aurigen Capital Withdraws Planned IPO

Aurigen, which is based in Hamilton, Bermuda, but has established operations in Canada and expanded into the U.S. last year

Bermuda Commercial Bank signs for Temenos T24 Model Bank

BCB has selected a multi-product approach from Temenos, including T24 Model Bank to be run on the Microsoft SQL Server platform, as it offers an integrated solution that will provide for a more structured and rapid implementation.

Bermuda Shipping Registry Opens New Office in London

The Bermuda Registry of Shipping has officially launched a satellite office in London.

Guernsey proves an attractive option under AIFMD

More than 100 new funds were launched from Guernsey last year. Fiona Le Poidevin of Guernsey Finance believes that this is a major vote of confidence in the Island’s approach to AIFMD.

Sure to acquire cloud services provider Foreshore

Channel Islands communications provider Sure announced that its subsidiary Sure Ltd. is set to acquire 100 percent of the shareholding in data center and cloud services provider Foreshore for an undisclosed sum.

Obscure Hong Kong firm manages 1MDB’s funds in Cayman Islands

The funds were invested through 1MDB’s wholly-owned unit Brazen Sky Ltd

Chinese Bitcoin Exchanges Planning to go Offshore to Escape PBOC Crackdown

Subsequently, a number of banks announced that they were withdrawing support for digital currency exchanges

Imperium Trust acquires Guernsey trust business, Saltire Trustees

Imperium Trust Company Limited has completed the acquisition of Guernsey-based trust and corporate services business – Saltire Trustees.

Mystery of Malaysian 1MDB's US$2.3b Cayman Islands fund

It still has not given details of the funds or manager's name

Rand weakness boosts Redefine Properties offshore income

As a result, this increases interim distribution by 8%. Joining me on News Leader with more is CEO Marc Wainer.

Tower Group and ACP Re announce amendment to merger agreement

ACP Re is a Bermuda based reinsurance company

Guernsey licenses 99 international insurers in 12 months

The Guernsey Financial Services Commission licensed 99 new international insurers in the 12 months to the end of March.

Fund Corporation to be acquired by Providence Financial

Agreement has been reached in principle for Guernsey fund administration firm Fund Corporation to be acquired by Brazilian emerging markets specialist Providence Financial, subject to regulatory approval.

Bahamas appoints BNY Mellon for agent roles

BNY Mellon has taken on a number of agent roles for the Bahamas’ $300 million bond issuance.

British Virgin Islands: Predacity Completes First Stage of Fundraising

Predacity Capital Management Ltd announces the launch of trading and successful first stage capital raise of USD 6.2 million for the Predacity Emerging Markets High Yield Bond Fund Ltd.

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