KB associates appoints senior to Luxembourg 05 July 2012 Luxembourg Reporter: Georgina Lavers
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KB Associates has chosen Bjørn Barbesgaard as a senior consultant in Luxembourg.
Barbesgaard will be responsible for advising asset managers on the establishment of funds in Luxembourg and performing the role of director/conducting officer of Luxembourg investment funds.
Barbesgaard has been active in the financial services industry since 1978, previously acting as managing director at Nordea Investment Funds S.A. where he was responsible for a number of Nordea SICAVs.
He has also held executive positions in a number of jurisdictions with Chase Manhattan Bank, Bank of America and Banque Internationale a Luxembourg. Bjørn was a director of BIL Funds Services both in Luxembourg and Ireland and of various BIL banking subsidiaries worldwide.
Mike Kirby, managing principal of KB Associates commented: “We have recognised for some time the importance of having the ability to support asset managers across all of the major offshore fund centres.
“We have, over the years, successfully supported a number of managers operating Luxembourg based funds. However, we are conscious of the added value derived from having a senior consultant based in Luxembourg.”
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