Cayman Islands
JTC completes GAM Cayman fund business acquisition
Fund service provider JTC Group has completed its acquisition of GAM’s Cayman Island-based fund administration business.
Tax & Regulation | 14 Oct 15
Belvedere’s Brighton SPC wound up after CIMA takeover
Troubled Belvedere-owned Brighton SPC has been put into liquidation after the Cayman Islands Monetary Authority took control of the unit in June.
JTC buys Cayman fund administration business from GAM
Fund service provider JTC Group has added to its fast-growing acquisition list with the purchase of GAM’s fund administration business in the Cayman Islands.
Cayman court’s first valuation verdict on minority side
East Capital, a Swedish fund company specialising in emerging and frontier markets, said it won a landmark case in the Cayman Islands defending the rights of minority shareholders.
Tax & Regulation | 15 Sep 15
CIMA petitions to wind up Belvedere-owned Brighton SPC
A petition has been issued by the Cayman Islands’ financial watchdog to wind up one of Belvedere Management Group’s troubled investment vehicles, Brighton SPC, after it found evidence to suggest its offering was “false since inception”.