Equinoxe Alternative Investment Services has opened new offices in Malta and Singapore.
The openings give the Bermuda-headquartered hedge fund administrator a presence in seven locations, with other offices in Dublin, Sligo, Atlanta and Mauritius.
The Malta office opening is a result of a growing number of funds deciding to avail themselves of the jurisdiction’s EU status and favorable taxation regime to domicile there, whilst still falling under the AIFMD umbrella.
Stephen Castree, CEO of Equinoxe comments, “Malta is an excellent complement to the presence that we already have in Ireland and we are delighted to report that the Malta Financial Services Authority has authorized Equinoxe Malta to conduct fund administration business.”
“I am also extremely pleased to announce the opening of Equinoxe in Singapore, as a regional hub for servicing our Asian business, which has been growing steadily. Equinoxe anticipates seeing significant regional interest in Funds being serviced from this office.”
The firm is anticipating opening further offices in the coming 12 months driven by the increasing volume of our North American business, adds Castree.
Equinoxe has $13.2 billion in assets across 160 funds.