The Trust Licence, which is issued by The Cayman Islands Monetary Authority, enables Hawksford Services (Cayman) Limited to provide a full range of trust services to private and corporate clients.
Hawksford director Steve Robinson, who will help to build Hawksford’s name in the Cayman market, says the trust licence represents a milestone for the international corporate, private client and funds business. With this expansion into Cayman, Hawksford can now offer fiduciary services to clients from Europe, Asia and the Caribbean.
‘We are delighted that Hawksford now has operating capabilities in the Cayman Islands, this is a significant development for the company and our clients. Hawksford’s new Cayman business will bring scalability to how we are able to service our international client base and will open up new service areas for the company. From a structuring perspective, our broadened capabilities will be particularly complementary for our clients in the Asian, UK and US marketplaces,’ said Mr Robinson.
Hawksford’s chief executive, Maxine Rawlins, added: ‘As part of our international growth strategy, Hawksford is building a network of jurisdictions around the globe and we are delighted to extend our footprint into the Cayman Islands. Obtaining this licence reinforces our commitment to provide our clients with an international service. The operations, risk and legal teams have worked extremely hard to secure this licence, and we are looking forward to growing our capabilities in the Caribbean region.’
Hawksford is an international corporate, private client and funds business offering a range of comprehensive services to trusts, companies, foundations, partnerships, family offices and investment funds. Hawksford is backed by UK mid-market private equity firm Dunedin.