Highvern Group launch new fund services business

Thursday 14 December 2017

The Highvern Group is to launch a boutique fund services business focusing on private capital in the New Year to provide a complementary service to Highvern Trustees.

Highern Trustees say they have had a successful first year since their management buy-out from Coutts & Co and aim to fill in what they describe as a growing gap in the market for a boutique provider that focuses on delivering a bespoke, precision-focused service.

Highvern Fund Administrators will operate under the leadership of Aidan O’Flanagan, who commented on the launch: “I am delighted to be joining Highvern, 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.”

Martin Hall, Managing Director at Highvern, added: “Highvern has a strong reputation for providing expertise, high quality client relationships and continuity of service. 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.”