Ogier’s corporate and fiduciary division, Ogier Global, is now providing fund services for leading investment advisory firm VenCap International and Financial Stability Board-regulated investment manager VenCap (Channel Islands).
This increases its fund administration division assets under administration by US$2 billion, inclusive of 30 regulated funds and unregulated entities under VenCap (Channel Islands) management.
VenCap is one of the longest-established investment management and advisory firms with an exclusive focus on investing in venture capital funds. Its portfolio funds have backed some of the most successful technology companies in history, including Airbnb, Google, Facebook, LinkedIn and PayPal.
Ogier Global CEO and group partner Jamie Bore (pictured) said: “We are excited to be part of VenCap’s continued success. This win demonstrates the excellence of our integrated offering, the investment we have made in our systems and our in-house expertise.
“It is also testimony to the expansion and success of Ogier Global, our corporate and fiduciary services division. Ogier is committed to supporting innovative businesses and fostering a conducive environment for entrepreneurship in the Channel Islands and globally. Ogier’s involvement in the growth and management of VenCap underscores its role as a trusted partner for businesses seeking robust corporate and fiduciary services.”
Ogier Global’s Jersey Head of Fund Administration David Harvey added: “We are delighted to partner with a firm like VenCap which has cultivated long and successful relationships with many of the leading VC firms globally and is widely regarded as a thought leader in the asset class.”
