Managers of Wealth Offshore

Cayman’s debts come due

The loans, referred to as “bullet” or “balloon payment” loans, must be paid off all at once, according to the conditions of the bond

Challenges outlined in booming offshore sector

Banks are coming back and increasing their willingness to fund good projects and good clients

Bermuda Stock Exchange listings of cat bonds & ILS hits $12.43 billion

We are delighted the ILS platform that has been created in Bermuda with important input from local and international participants continues to deepen

Barbados seeks to boost trade ties with Nova Scotia

We’re looking forward to some very positive outcomes

Bahamas: Discount private island sells for $38M off

The property was offered with a promise: Live a lifestyle some people only dream of.

Gentoo selected for new $1.9 bn oil and gas Guernsey domiciled fund

HitecVision VII reached its hard cap of commitments at $1.9 bn

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

Planet SOS