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Stanhope to open Jersey office

By , 12 Dec 14

Stanhope Capital, which has some 65 employees in London and Geneva, is to launch a third office in Jersey, aimed at serving its clients among the Channel Islands trust companies.

Stanhope Capital, which has some 65 employees in London and Geneva, is to launch a third office in Jersey, aimed at serving its clients among the Channel Islands trust companies.

Founded in 2004 by Daniel Pinto and Julien Sevaux, the firm oversees some $9bn on behalf of wealthy families, charities and other institutions.

The new office will open in January, led by a team of two initially – including partner Guy Paterson – and followed by a third person by the end of the first quarter of 2015. Further recruitment is planed over the next 18 months.

“We are opening the office because we already have significant clients among the Channel Islands trust companies and being able to operate on the ground in St Helier will be a major advantage in terms of developing business,” said Paterson.

“In addition, it provides our international clients with a further choice of jurisdiction from which to be managed and Jersey is highly regarded for its regulatory regime.”

 

Tags: Jersey

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.