The office will be led by managing director John Wallace, who has over 25 years’ international financial markets experience including senior positions in New York, London and Tokyo with Deutsche Bank and Bankers Trust.
More recently he was a founding member of Guardian Director Services, providing independent directors to boards of alternative funds, and has also provided independent consultancy advice to the alternative investment industry.
His new role will cover developing a strong network of clients and intermediaries in the Americas, giving them direct access to Elian’s global reach of offices and service lines.
The New York office will support Elian’s fast-growing and comprehensive range of corporate services, including corporate structuring, structured finance and asset finance. The office will also support Elian’s broad range of administration services to private equity, real estate and hedge fund managers.
"Having a strong and permanent presence in the world's largest financial market is critical”
“Elian is a major player in the structured finance and alternatives fund space, as such having a strong and permanent presence in the world’s largest financial market is critical”, he said.
Elian was established in September 2014 following a management buy-out of the business from Ogier, the offshore legal and administration group. Elian specialises in the establishment and on-going administration of companies, funds and trusts for multi-national corporations, financial institutions, high net-worth individuals, family offices and fund managers.
Its network of offices comprises of New York, Bahrain, the British Virgin Islands, the Cayman Islands, Dublin, Guernsey, Hong Kong, Jersey, London, Luxembourg and Tokyo.
