PR88161

SYDNEY and GEORGE TOWN, Grand Cayman, Feb. 22, 2021 /PRNewswire=KYODO JBN/ --

Channel Capital Pty Ltd. (Channel), a leading Australian multi-affiliate

investment management company servicing more than A$16 billion in assets, has

established Channel Capital Cayman, an offshore governance services business

based in the Cayman Islands.

Mark Cook, an experienced director for Cayman Islands and other offshore

investment funds will lead the business, which will focus on establishing and

operating investment funds domiciled in the United States, Cayman Islands and

other offshore financial centres, as well as ensuring ongoing compliance with

regulatory obligations including anti-money laundering and tax transparency.

Mark has worked with many globally recognized fund managers and financial

institutions since arriving in the Cayman Islands in 2005. After qualifying as

a chartered accountant in Australia and spending more than 10 years in public

practice there, he obtained fund administration experience with Citco Fund

Services in the Cayman Islands and since 2008 has been engaged as an investment

fund director.

The Cayman Islands is a world leader in the establishment of offshore funds due

to its tax-neutrality, stable economy, sophisticated banking sector, and

professional financial service industry. Approximately 70% of non-US domiciled

alternative investment funds managed by US SEC-registered advisors are

domiciled in the Cayman Islands.  

"We are thrilled to be partnering with Mark in the Cayman Islands" said Glen

Holding, Channel's co-founder and managing director. "We see this as a natural

extension of the support and oversight we have traditionally offered to fund

managers in Australia, and is consistent with our strategy to build out a

global platform capable of supporting investment managers and their clients in

all major jurisdictions".

Executive Director at Channel Capital Cayman, Mark Cook, said: "The Cayman

Islands remains by far the most popular jurisdiction for hedge, private equity

and infrastructure funds. I'm really looking forward to working with the

Channel team and leveraging the platform they have developed. I anticipate

opportunities across the spectrum for straight governance services, or to more

widely assist with an investment manager's business needs".

About Channel Capital

Established in 2013, Channel has 30 employees across Sydney, Brisbane,

Melbourne and Grand Cayman, and currently partners with eight investment

management firms. Channel provides incubation, distribution, operational and

responsible entity services to a select group of investment management firms

and their clients across the institutional, family office, high net worth and

advisor-led investor space. Channel's subsidiary entity, CIML, provides

responsible entity services to a limited set of funds.

https://www.channel.capital

Media Contacts

For Channel Capital:

Angela Dovitsas                                              

Channel Capital                                              

M: +61 417 277 683                                        

angela.dovitsas@channelcapital.com.au

For Channel Capital Cayman:

Mark Cook

M: +1 345 325 2540

Channel Capital Cayman

mark.cook@channelcapital.ky

SOURCE:  Channel Capital

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=384783

   Caption: Mark Cook, Executive Director, Channel Capital Cayman