Highvern has announced that Highvern Fund Services has received authorisation by the Central Bank of Ireland to provide Fund Administration services to alternative funds.
This is an important milestone for the Highvern group and its Irish business, now enabling Highvern Ireland to provide the full suite of Fund Administration services to its clients.
Philip Dempsey, Ireland Country Head of Highvern said: “To receive our authorisation within the year when we established Highvern Ireland is a recognition of the quality funds platform that we have in place both locally, and in the wider Highvern group. Ireland is a key jurisdiction for our funds business, and of strategic importance in our international expansion strategy. Our highly skilled and experienced team will provide significant expertise in alternative funds, and our mission is to be a value-add strategic partner for asset operators, established and emerging asset managers and their funds.”
Highvern launched its Irish business, with offices in Dublin, in January 2022. The group also has a presence in the Cayman Islands, Guernsey, Jersey, the UK and Switzerland.
Martin Hall, Chief Executive of Highvern, said: ‘We are delighted to have this crucial building block in place now, a significant achievement by our team. It marks a major milestone as we extend our proposition in the Irish marketplace but also recognises the outstanding proposition that we have put in place.
“Congratulations go to Philip and Ireland Directors Emma Keane and Adrian Bailie, along with all of our colleagues within the group who supported our application and worked hard for this achievement.”
Pictured: the Highvern Ireland team – Left to right Adrian Bailie (Director), Colm Clifford (Independent NED), Emma Keane (Director) and Philip Dempsey (Head of Country Ireland).
