Maples Finance Asia Limited, the wholly owned corporate, fund administration and investor services subsidiary of Maples and Calder, the international law firm, has opened a new office in Hong Kong.
The new office will be led by Eastern Fong, who joins Maples Finance Asia Limited from Fortis Prime Fund Solutions (Asia) Ltd. He specialises in fiduciary, administration and investor services for all forms of investment funds and will be responsible for driving new business growth across Asia.
“We have traditionally provided fund services to our Asian clients through our offices in Jersey and Cayman, but as investment interest in the region grows and, as major investment fund clients establish agreater presence,” says Maxine Rawlins, the global CEO of MaplesFinance. “There is a significant demand for a more personalised and accessible approach to fund services in Asia.”
Maples Finance provides management and administration services to structured finance vehicles and fund administration, registrar and transferagency, fiduciary and corporate secretarial services. In relation to investment funds, Maples Finance has assets under administration in excess of US 13billion.