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SGG Group now present in the Cayman Islands
We are pleased to announce that we are now in the final stages of closing the acquisition of Sinclair Fund Services Ltd, a boutique fund administration company based in the Cayman Islands. The Cayman Islands Monetary Authority has approved the transaction and the deal will be closed in the coming weeks.
Sinclair Fund Services will be re-branded as Global Fund Solutions SGG Cayman Limited in order to be integrated within the SGG Group structure. The Managing Director for the Cayman office will be Ms. Selma Lee Arch, who was a Founder and Managing Director of Sinclair Fund Services Ltd, and who brings over 18 years of experience in the fund industry.
Commenting on the announcement, Ms. Selma Lee Arch said: “We are delighted to be joining forces with the SGG Group, which has an impressive experience in the fund industry and a strong focus on meeting the evolving demands of its international client base. We look forward to bringing our expertise in structuring in Cayman to the benefit of the Group’s clients.”
Justin Partington, Fund Solutions Leader, SGG Group said: “The driver of our expansion into Cayman has been to support and better serve our clients who we have built strong relationships with. Several of our top-tier fund manager clients have asked us to service their Cayman requirements. Bas and I very much look forward to working with Selma and our growing Cayman team in delivering exceptional quality services to our clients”.
“In order to complete our service offering, we are also in the process of obtaining a Company Management License to provide corporate services from the Cayman Islands”, he added.
Bas Horsten, Managing Director, Market Leader Caribbean and Latin America concluded: “Cayman is one of the world's leading domiciles for funds solutions and is a key location for our fund manager clients’ structures. We are actively adding clients and staff to the platform in order to further build out our global funds offering.”
For more information, please contact:
T: +599 9 461 12 99
T: +352 466111 3852