Maples Fiduciary Launches in Delaware

Sep 22 2011 | 10:49am ET

MaplesFS has expanded its fiduciary services division with the launch of a Delaware branch.

Maples Fiduciary Services (Delaware) will provide independent governance services (directors and member managers) to investment funds and asset finance vehicles based in the state.

Said CEO Scott Somerville: “Maples Fiduciary has established itself as a market leader in corporate governance in the Cayman Islands, Dubai, Ireland and Luxembourg. An expansion into Delaware is a natural fit for our investment funds and asset finance clients. Since the credit crisis, we have seen investors and managers asking for similar standards and practices to be implemented on their US domiciled funds. This office gives us the capability to service these vehicles not only from Cayman but also from Delaware, and allows us to deliver a standard of service we do not believe is currently available in the market.”

Maples Fiduciary Services (Delaware) will operate from offices in Newark, Delaware.

MaplesFS, through its operating divisions Maples Fund Services and Maples Fiduciary, is an independent global provider of fiduciary, accounting and administration services.

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