After a highly successful first year since its management buy-out from Coutts & Co, Highvern Trustees is launching a brand new fund services business. Highvern Fund Administrators Limited will fill a growing gap in the market for a boutique provider that focuses on delivering a bespoke, precision-focused service.

The funds business will commence trading on 1 January 2018 and will provide a complementary service to Highvern Trustees which has, in the past 12 months, established itself as one of the leading independent trust businesses in Jersey.

Highvern Fund Administrators will operate under the leadership of Aidan O’Flanagan. Aidan is highly experienced and very well regarded in the sector, both in Jersey and internationally.

“I am delighted to be joining Highvern” commented Aidan, “a high quality professional services provider which has long heritage, coupled with the energy and commitment to bring new things to market. With the ever-increasing consolidation in the administration market, and private capital investment expected to grow too, this is a perfect opportunity for an independent firm to arrive and offer something different – a business built on continuity and sustainability with clients and employees at its core.”

“Highvern has a strong reputation for providing expertise, high quality client relationships and continuity of service” added Martin Hall, Managing Director at Highvern. “We have seen that already in the private client mandates we have retained and won since the buy-out, and now we aim to do the same in the private capital funds arena. This blends seamlessly with our existing proposition, so we are looking forward to working with Aidan and getting out there to share the news of our exciting, new proposition and team in the weeks and months ahead.”