HIGHVERN Ireland approved to offer alternative fund administration services
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HIGHVERN Ireland approved to offer alternative fund administration services 09 January 2023Ireland Reporter: Lucy Carter
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HIGHVERN Ireland has received authorisation from the Central Bank of Ireland to offer its full suite of fund administration services to alternative funds.
HIGHVERN’s Ireland division was launched in January 2022, joining its existing offices in the Cayman Islands, Guernsey, Jersey, the UK and Switzerland.
Philip Dempsey, country head for Ireland at HIGHVERN, says: “To receive our authorisation within the year we established HIGHVERN Ireland is a recognition of the quality funds platform that we have in place locally and in the wider HIGHVERN group.
“Ireland is a key jurisdiction for our funds business, and of strategic importance in our international expansion strategy. Our mission is to be a value-add strategic partner for asset operators, established and emerging asset managers and their funds.”
Martin Hall, chief executive of HIGHVERN, adds: “We are delighted to have this building block in place, a significant achievement by our team. It marks a major milestone as we extend our proposition in the Irish marketplace, but also recognises the outstanding proposition that we have put in place.”
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