Highly Experienced Directors Establish New Fund Governance Venture
GRAND CAYMAN, June 1, 2016 /PRNewswire/ - Ushering in a new benchmark for fund governance in the Cayman Islands, Calderwood has officially launched and is now open for business, providing experienced independent directors to a range of investment vehicles.
Calderwood has been formed by Ronan Guilfoyle and Wade Kenny, both very well known in the Cayman fund sector, who together have over 17 years' experience within the governance industry, serving as independent directors on some of the largest funds in the industry.
Mr. Guilfoyle was previously a Managing Director at DMS Offshore Investment Services and was significantly involved in the firm's strategic development, sharing leadership responsibility for its European offices and spearheading its international expansion. As an Executive Director, also at DMS, Mr. Kenny provided fund governance services to a large portfolio of hedge fund and private equity clients, in addition to providing management oversight for the Cayman office.
With such depth of experience as directors, Calderwood's principals are in a unique position, with significant capacity to provide institutional, 'best-in-class' service, unburdened by a large number of relationships. Calderwood's clients, therefore, will benefit from the fullest attention and oversight of some of the most experienced directors in the business.
Typically, the industry's most experienced investment fund directors will have collected a high number of board appointments over their career, the implications of which have been a constant source of debate and a recurring question for investors and regulators both in Cayman and in other key international financial centres.
"We are extremely excited to officially launch Calderwood and we believe we have an exceptional offering for the investment funds market," Mr. Guilfoyle said. "Our experience with every aspect of the hedge fund business, including successfully guiding funds through the financial crisis and systems that match the needs of our clients with the industry, alongside our ability to focus exclusively on our new clients, is together a very attractive proposition for fund managers in the current climate of heightened risk awareness."
Calderwood is a fund governance firm, which opened for business in June 2016, providing Independent Directors to Investment Funds. Our two principals possess a combined 17 years' experience in the governance industry and have worked in Financial Services for over 35 years, leaving us well positioned to offer some of the most experienced Independent Directors in the investment funds sector.