Friday, 24 October 2014
Last updated 6 hours ago
Dec 1 2006 | 11:27am ET
Buoyed by the growth of new funds registered in the Cayman Islands—upwards of 35 each week—audit firm RankinBerkower is set to offer the use of its principals as independent directors.
“There is a continuously growing need for independent directors, with 8,000 funds registered in the Cayman Islands,” explains partner Maurice Berkower. “It gives a comfort level to the offshore foreign investor.”
The new RBR Director Services boasts Berkower, who also serves as an audit partner with Iselin, N.J.-based accounting firm Acquavella, Chiarelli, Shuster, Berkower & Co., Phillip Rankin, a Caymans-based accountant, and Rex Rankine, a Caymanian with executive experience at a private bank, trust company and brokerage house. In addition to both offshore and onshore investment funds and mutual funds, Berkower says RBR will also provide directors to private equity portfolio companies where needed.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.