Caymans-based JP Funds becomes JP Integra as expansion plans announced
JP Funds Group, the specialist finance services group based in the Cayman Islands has rebranded to become JP Integra Group as it announces a expansion of its services to target the international private capital sector.
The firm announced the name change in a statement today. Under the new brand it will be targeting international business growth plans with the launch of a US representation in order to be closer to clients based in the Americas.
The company said that it is specifically targeting global family offices, high-net-worth individuals and investment managers.
The full offering from JP Integra Group following the expansion includes fund, corporate, trust structuring and administration, financial markets support, as well as consultancy on international legal projects.
Global hedge funds
Established in 2007 the firm developed as a Cayman Islands-centric specialist in global fund launches, having facilitated more than 150 fund launches and servicing clients across multiple jurisdictions. With 80-85% of global hedge funds domiciled in the Cayman Islands, the islands will remain a key hub of activity for JP Integra Group in addition to representation in Switzerland, the UK, Singapore and now the US, the statement said.
Phil Griffiths, executive chairman at JP Integra Group, said: “The expansion of our services and rebrand presents an exciting new chapter for JP Integra Group. As the complexities of the investment world continue to increase, we want to be a strategic partner to the companies in the private capital industry.
Five new appointments
Along with the business expansion, JP Integra has added five new team members, including Peter Cockhill, formerly managing partner at Ogier in the Cayman Islands, as legal director, Eduardo Silva a former president of the Cayman Islands Bankers Association and chairman of Cayman Finance, and Dave van Duynhoven, previously Cayman head of operations at Ogier and Appleby.
JP Integra is a financial services group serving investment managers, family offices, international businesses, individuals, and their advisors from its headquarters in the Cayman Islands, with operating companies in the UK, Switzerland, Singapore and associated companies in the USA.