Dunedin backed Hawksford, the leading international corporate, private client and funds business, has announced that it has received formal permission to operate in the Caribbean region, the latest milestone in its active global expansion programme. It has been awarded a full Trust Licence that will enable the business to provide a wide range of trust services in the Cayman Islands.
This move reinforces the company’s ongoing commitment to client choice through building a network of jurisdictions around the globe. Following this expansion into the Cayman Islands, Hawksford can now offer a choice of fiduciary services to clients from Europe, Asia and the Caribbean.
Hawksford was backed by UK mid-market private equity house Dunedin in October 2008. Since then, it has pursued an active internationalisation strategy, establishing its Asian presence in Singapore in March 2014, when it acquired Janus Corporate Solutions, and opening an office in Hong Kong in February 2015.
David Williams from Dunedin, who sits on Hawksford’s board, commented: “Hawksford’s expansion into the Cayman Islands is a significant development for the company and further strengthens its position as a truly global business. Over the past seven years Dunedin has worked alongside the management team to internationalise the business and we are delighted to see them establish a firm foothold in the Caribbean region. This is an exciting period for Hawksford, - having completed five acquisitions in the last five years, the business is growing at an impressive rate.”