Wednesday, 1 April 2015
Last updated 8 hours ago
Mar 29 2011 | 12:47pm ET
Helvetic Fund Administration has jumped into the fund administration consolidation game, acquiring Capita Financial Administrator's Gibraltar office.
The Rock's first fund administrator said it has completed the integration of Capita's team and £500 million in assets.
"We have now completed the full integration of Capita Financial Administrators (Gibraltar) Ltd into our operations and welcome new staff members to our company," CEO Nicola Smith said. "We are known for our experience, expertise and high service levels in Gibraltar and are pleased that not only have we been able to retain jobs, but we have also accomplished this with zero disruption to clients during the integration process. Adding over £500 million to our assets under administration positions us as clear leaders in our industry in Gibraltar and provides us with a sound basis for the future growth of our business internationally."
Capita Gibraltar's former parent, Capita Financial Group, continued to offer its Gibraltar office outsourced back-office operations until the deal closed.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…