Saffery Champness has announced the acquisition of Cayman Islands-based Holdun Trust (Cayman) Limited.
The acquisition, which is subject to regulatory approval, will see Holdun Trust rebranded and marks the establishment of a Saffery Champness office in the Cayman Islands.
Saffery Champness first established a Cayman offering in 2020.
Nick Batiste, managing director of Saffery Champness registered fiduciaries, said:
“As one of the leading financial centres with a robust legislative framework, the Cayman Islands continues to be a key jurisdiction of choice for clients and intermediaries seeking to establish structures that provide flexibility alongside security and peace of mind.
“Since we first launched our Cayman offering, we have seen significant and growing interest in the options the jurisdiction affords. The launch of this new office marks an exciting new chapter for our business, while further enhancing the Cayman Islands services we provide to our clients.”
He added: “On completion of the acquisition, Zoe Day and Fiona Pileta of Holdun Trust will join Saffery Champness, working alongside Paul Tucknott, managing director of Saffery Champness in Geneva, and Lisa Vizia, director of Saffery Champness in Guernsey, who together lead the firm’s Cayman Islands offering. We look forward to welcoming Zoe and Fiona to the firm.”