Alter Domus, a fund and corporate services provider, has become the latest firm from Jersey to be admitted as a Listing Member of The International Stock Exchange (TISE).
Alter Domus (Jersey) Listing Services Limited has been approved to act as a Listing Agent for non-retail debt securities and Sponsor to securities of investment vehicles.
Fiona Le Poidevin, CEO of The International Stock Exchange Group (TISEG), said: “I’m delighted to welcome Alter Domus as a Listing Member of TISE. The firm is well-known as a service provider, especially to the private equity, infrastructure and real estate sectors, which are strong sources of business for us at TISE. I am excited about how the addition of this service to the Alter Domus offering can help drive further new listings work to the Exchange.”
Founded in Luxembourg in 2003, today Alter Domus has 40 offices around the world. It serves 17 of the 20 largest private equity houses, 15 of the 20 largest real estate firms in the world and 17 of the 20 largest private debt managers in the world.
James Brasher, Alter Domus Global Relationship Leader and Country Executive Jersey, said: “Membership of TISE is a perfect extension to the existing services that Alter Domus Jersey provides to our clients and enables us to provide a fully integrated package of services to those clients that wish to have their funds or debt securities listed on TISE.”
Alter Domus was the third Jersey firm to become a Listing Member of TISE in recent months. There are now 43 Listing and Trading Members of TISE.
Mrs Le Poidevin added: “Alter Domus is the latest in a number of firms who have joined us as new members in recent months. This demonstrates that these firms recognise the growth in business on the Exchange and also the demand from within their own client base for TISE listings.”
There were 865 new listings on TISE during 2018, which represents an increase of 22.7% compared with the previous year and took the total number of listed securities to 2,857 at the end of December 2018.