GlobeOpFinancial Services is enhancing its investor relations services for funds domiciled in Cayman Islands through the appointment ofGary Linford to its Cayman Islands subsidiary board and the opening of a new office.
Linford is the former head of the Investment & Securities Division of the Cayman Islands Monetary Authority (CIMA) where his primary responsibility was the effective oversight of the investment fund sector. The role included the authoristion of hedge funds, fund administrators and investmentmanagers. He also worked closely with the hedge fund industry in considering proposed changes to legislation, regulations and guidance notesaffecting the sectors regulatory framework.
“Were very pleased to welcome Gary Linford to our Cayman subsidiary board andlook forward to the expertise and advice he brings related to services for Cayman-domiciled funds. His industry experience, particularly at CIMA duringa period of unprecedented growth in the hedge fund industry, will beimmensely valuable to us, our clients and their investors,” says Vernon Barback, president and COO, GlobeOp.
“I am pleased to join GlobeOp at a time when independent, transparent andprofessional fund performance reporting is an increasing priority for both institutional and private investors. GlobeOp is recognised globally for its financial technology leadership. Benchmarks such as its SAS 70 certification further raise industry administration and reporting standards in response to investor expectations,” adds Linford.