Sunday, 28 December 2014
Last updated 1 hour ago
Feb 6 2012 | 9:35am ET
GlobeOp Financial Services has appointed Tim Ridley, the former chairman of the Cayman Island Monetary Authority, to its Cayman Islands subsidiary board.
Ridley, who served as CIMA chairman from 2004-2008, was also a former senior partner of Maples and Calder. He replaces Gary Linford, who recently resigned his post on the GlobeOp Cayman board.
“Demand for greater hedge fund transparency and governance is increasing,” said Vernon Barback, GlobeOp president and chief operating officer, in a statement. “Tim Ridley’s legal, financial and regulatory expertise will be a benefit to GlobeOp and its clients. We look forward to his contributions as we focus on independent valuation, regulatory and board reporting. I would also like to thank Gary Linford for his contributions to GlobeOp—particularly related to Cayman regulatory updates—since his appointment to the board in 2008.”
GlobeOp’s Grand Cayman office provides registry office, transfer agency and investor relations services and board meeting support to Cayman-domiciled hedge funds.
TPG Capital recently agreed to buy the London-based GlobeOp Financial Services for £508 million (US$800 million).
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.