Latest R&H Fund Services News
Aug 8, 2017
Tue, 08/08/2017 - 09:35 Fund administration Global advisory and fund administration fund Maitland is to acquire Guernsey-based Designated Manager, R&H Fund Services (Guernsey) Limited. Other Rawlinson & Hunter businesses in the Channel Islands, including R&H Trust Co (Guernsey) Limited, Rawlinson & Hunter Limited and R&H’s Jersey businesses, have an entirely separate ownership structure and do not form part of the transaction. Maitland, named Best Multi-Family Office and Best Wealth Panning Team at the Wealth Adviser Awards 2017, will offer its full range of Institutional Client Services through the Guernsey office, including long-only fund administration, transfer agency, hedge funds, private equity and real estate administration services allowing Guernsey based funds to benefit from Maitland’s technology platform, its expertise and its global capabilities. Guernsey also adds another potential “post-Brexit” alternative to Maitland’s existing capabilities in Luxembourg, Dublin and Malta. Gareth Smith at R&H Fund Services (Guernsey) Limited, says: “We’re looking to accelerate our growth over the coming years and Maitland is the ideal company to make that happen. The firm has a number of international clients either based in Guernsey or looking to establish a presence here, and we’re exceptionally well-placed to help them.” Steve Georgala (pictured), CEO of Maitland, says: “Management services are a core competency for Maitland and perfectly complement our broad range of fund accounting and transfer agency services. This acquisition will be our third management company and its location in Guernsey marks a significant step in our ambitious global growth strategy, as we look to establish a management services capability in each of the major European fund administration centres.” Craig Stewart, a Partner at Rawlinson & Hunter in Jersey, says: “Following a strategic review, we decided to focus on developing our Jersey operation and so a decision was taken to sell our six-person Guernsey fund services subsidiary. We are committed to growing our independent and locally owned Jersey fund services, corporate services and private client businesses, which between them employ in excess of 150 people in Jersey.”
R&H Fund Services Frequently Asked Questions (FAQ)
Where is R&H Fund Services's headquarters?
R&H Fund Services's headquarters is located at 20 Forth Street, Edinburgh.
What is R&H Fund Services's latest funding round?
R&H Fund Services's latest funding round is Acquired.
Who are the investors of R&H Fund Services?
Investors of R&H Fund Services include Maitland.