JTC’s solution enables Resolute Capital to launch first offshore fund vehicles
26 March 2021 Guernsey
Image: Michael Richards
Global fund administrator JTC has been appointed by Resolute Capital Partners, a San Francisco-based private equity firm, to administer its two new international feeder funds.
JTC’s global third-party fund administration solution has enabled Resolute Capital to successfully launch its first offshore fund vehicles.
Resolute Capital actively invests in and manages investments in energy, real estate, and technology. JTC Americas, formerly NES Financial, has been administering Resolute Capital’s private equity funds since 2018.
Jacqueline Kuiper, executive vice president, general counsel and chief compliance officer at Resolute Capital Partners, says: “After doing extensive research, we selected JTC because their US and Guernsey teams could meet all of our fund administration needs.”
Kuiper continues: “JTC welcomed the opportunity to grow together, so it’s been mutually symbiotic, and their purpose-built technology and communication align them perfectly to be our local to global growth partner.”
Michael Richards, head of fund administration US at JTC, adds: “If going offshore is part of your fund strategy, JTC is the perfect partner. Our organisation is built for a fund to raise and deploy capital all over the world.”
JTC’s Guernsey office provides services to clients ranging from institutional to high-net-worth individuals. The office specialises in funds, corporate, management company, registrar, the Alternative Investment Fund Managers Directive, and limited depositary services.
Look out for issue 263, which goes live on 14 April, to discover more about funds space in Guernsey.
JTC’s global third-party fund administration solution has enabled Resolute Capital to successfully launch its first offshore fund vehicles.
Resolute Capital actively invests in and manages investments in energy, real estate, and technology. JTC Americas, formerly NES Financial, has been administering Resolute Capital’s private equity funds since 2018.
Jacqueline Kuiper, executive vice president, general counsel and chief compliance officer at Resolute Capital Partners, says: “After doing extensive research, we selected JTC because their US and Guernsey teams could meet all of our fund administration needs.”
Kuiper continues: “JTC welcomed the opportunity to grow together, so it’s been mutually symbiotic, and their purpose-built technology and communication align them perfectly to be our local to global growth partner.”
Michael Richards, head of fund administration US at JTC, adds: “If going offshore is part of your fund strategy, JTC is the perfect partner. Our organisation is built for a fund to raise and deploy capital all over the world.”
JTC’s Guernsey office provides services to clients ranging from institutional to high-net-worth individuals. The office specialises in funds, corporate, management company, registrar, the Alternative Investment Fund Managers Directive, and limited depositary services.
Look out for issue 263, which goes live on 14 April, to discover more about funds space in Guernsey.
← Previous fund services article
Alternative asset classes prove to be the ‘engine room of growth’ for Jersey
Alternative asset classes prove to be the ‘engine room of growth’ for Jersey
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
