Private client, corporate services and fund administration business Oak Group has appointed James Tracey as Managing Director of its funds business in Guernsey (subject to regulatory approval).
James, who has joined Oak from JTC Group in Guernsey where he has been managing director since 2018, is heading up Oak Fund Services, which delivers specialist bespoke fund administration services to private equity, open ended, listed and alternative asset fund structures.
James has a career in the finance industry spanning more than 20 years and has extensive knowledge of investment and wealth management structures across a wide variety of asset classes. He has worked in Guernsey since 2001 and has held director positions at a number of management and investment companies, in addition to Board positions for operating companies in the Channel Islands and UK.
James is a graduate of Massey University in New Zealand, holding a Bachelor of Business Studies, with a major in Economics. He is a member of the Chartered Securities and Investments Institute and he has also completed professional level exams for the Chartered Governance Institute. He succeeds Paul Schreibke who is moving to Mauritius to take up a new role with the firm.
Graham McCormack, Oak’s Chief Executive Officer, commented: “James’ appointment comes at a pivotal moment for Oak’s growth strategy and his significant amount of experience in the global alternative funds space makes him a valuable addition to our senior team. With his excellent track record in the industry and his proven leadership qualities, we look forward to James leading the funds team in Guernsey and further developing our offering, whilst ensuring that we continue to offer the highest quality service to our clients.”
James Tracey added: “I’m delighted to join an ambitious forward-thinking team at Oak and am particularly proud to be part of a purpose-led business that prioritises ESG values. I’m excited by this new role and look forward to supporting the firm’s ongoing growth plans.”
