HFM named Citco Fund Services companies ('Citco') the “Best Administrator - over $30bn overall” at the European Hedge Fund Services Awards for the fifth consecutive year.

The LRO, which came into effect on 6 April 2017, allows private funds to adopt a new form of UK limited partnership, a private fund limited partnership (“PFLP”) that could be a more attractive option for fund managers.

The Cayman Islands government, in its commitment to the UK to enhance the sharing of beneficial ownership information, has passed legislation to introduce the requirement for an electronic register of beneficial ownership information to be maintained by all Cayman companies (other than those companies excluded from this requirement under the legislation).

The Citco Group of Companies (“Citco”) announced that Barbara Flusk has joined the company in the newly created role of Senior Executive Vice President, Head of Real Estate Fund Services. Ms. Flusk will report to Jay Peller, Head of Fund Services.