PraxisIFM adds Aquila Capital to client portfolio
Global financial services group, PraxisIFM, sees continued growth attracting a new renewable energy fund client. Aquila European Renewables Income Fund plc (the ‘Fund’) is a UK-domiciled investment trust investing in renewable energy infrastructure investments across continental Europe and Ireland. The Fund raised EUR154.3 million in its initial public offering (IPO)...
Read moreGuernsey substance and benefits of the mature NPPR
Guernsey has long been recognised as a mature, highly experienced non-EU financial centre. It continues to be known as a tax transparent jurisdiction, working extensively in co-operation with the European Commission, among others, to ensure it does all it can to co-operate on all transparency and appropriate regulatory matters. In...
Read morePraxisIFM supports SuperReturn Berlin
We are delighted to be Associate Sponsor at this year’s SuperReturn International which takes place in Berlin on Tuesday 26 February – Friday 1 March. As the world’s largest private equity and venture capital event, SuperReturn attracts around 2,500 attendees. Group Head of Funds in London, Richard Harland, will attend...
Read moreSenior hire reflects growth plans
Business development specialist Richard Harland has joined PraxisIFM as Group Head of Funds. Based in London, Mr Harland has overall responsibility for the Group’s growing Funds Services division. Mr Harland joins PraxisIFM from SEI, where he was EMEA Head of Sales, Business Development & Relationship Management. He has more than...
Read moreSuccess at ICSA Guernsey Awards
PRAXISIFM’S company secretarial team secured a hat-trick of awards at this year’s prestigious ICSA Annual Awards Dinner on Friday 9 November. The awards celebrate the achievements of ICSA students and members during the year. All three award winners are part of Praxis Fund Services’ (PFS) company secretarial team. Company Secretary...
Read morePraxisIFM launches dedicated Funds division in Jersey
The expansion of our well-established Jersey office follows 12% organic revenue growth across the Group’s established funds division during the last financial year, and reflects the ongoing attraction of Jersey’s fund sector. PraxisIFM has been providing trust services to corporate and private clients since 1972, and employs more than 70 staff...
Read moreJersey Funds team provides Gaspe House deal corporate services
Praxis Fund Services in Jersey provided corporate services for the purchase of Gaspe House by Seaton Place Limited. The deal has been described as the largest single asset commercial office acquisition in the Channel Islands. Completed in 2016, Gaspé House is a Grade A office building in central St Helier with more...
Read morePraxisIFM involved in record investment trust IPO
PraxisIFM has been appointed as Company Secretary to Smithson Investment Trust, which successfully raised a record £822m in its recent initial public offering (IPO). Smithson is managed by Fundsmith LLP and its investment objective is to provide shareholders with long term growth through exposure to a diversified portfolio of shares...
Read moreLSE and PraxisIFM in US initiative
US FUND managers looking to launch investment funds in the UK have attended two recent PraxisIFM-supported Stateside seminars. The London Stock Exchange (LSE) seminars attracted more than 100 fund managers, advisors and market participants in Boston and New York on 11 and 12 September, respectively. Topics covered included an overview...
Read moreNew legislation enhances Jersey Fund offering
The introduction of new legislation in Jersey, which will enable the establishment of Limited Liability Companies (LLCs), has been welcomed by Pippa Davidson, Managing Director of Praxis Fund Services in Jersey. ‘This move by the States of Jersey will provide clients with the option to use LLCs, similar to those...
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