First Names Group Completes Second Acquisition This Year

Jul 18 2013 | 4:54am ET

First Names Group, an independent provider of trust, corporate and fund administration services, has completed its acquisition of The Basel Group.

This is the group’s second strategic purchase this year. The transaction expands its presence and service offering in Jersey and Switzerland. First Names Group bought Moore Group in January this year which expanded its fund offering both in Jersey and the Far East.

Basel will rebrand by the end of the year, positioning First Names Group as one of the world’s largest offshore trust, funds and corporate service providers with over 400 employees operating out of seven strategic locations.

Morgan Jubb, recently appointed CEO of First Names Group comments; “First Names Group has ambitious plans for growth. We are united behind our brand and culture and we will continue to develop and nurture it whilst evolving the business into a truly global operation.”

First Names Group was previously the international division of IFG Group.  The firm has offices in the Isle of Man, Jersey, Cyprus, Switzerland, Ireland, UK, the British Virgin Islands and Japan.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.