Heritage International Fund Managers (HIFM), the independently owned fund administrator in Guernsey, has made several new appointments in order to assist in the expansion of the business.
David Dorey joined the team as head of Private Equity in January 2012 and will be responsible for the client delivery on all existing and new private equity clients. Dorey previously held several senior positions within private equity firms and administrators in Guernsey, notably eight years with BC Partners both in London and locally.
James Christie and Andrew Cooper have both joined as senior fund administration managers heading up teams of administrators servicing private equity, infrastructure, emerging markets, equities and bond funds. Both have a number of years experience from local funds industry companies.
Susie Peer joins as fund administration manager from Bank of America in London where she worked in the Capital Markets and Investment Banking team, having previously been an investment management tax consultant at Pricewaterhouse Coopers.
Mark Huntley, managing director of HIFM commented: Despite a challenging 2011 for the funds industry as a whole, these appointments highlight HIFMs continued commitment to both its own clients as well as the overall Guernsey fund community. We have been privileged to experience not only global expansion, but growth in our core business locally over the past year with existing funds raising new money, the successful launch of new funds investing in property in Macau, private equity in Turkey, private equity turnarounds in UK and Ireland and forestry. We were delighted with the calibre of applicants for these new positions and this confirms the industrys and Islands confidence in the Heritage brand.
HIFM has funds under management and administration of $50 billion.
(JDC)