• Home
  • News
    • People moves
    • Africa
    • Asia
    • Australia
    • Canada
    • Caribbean
    • Domicile
    • Europe
    • Latin America
    • North America
    • Middle East
    • US
    • US
    • UK
  • Products
    • Funds
    • Pensions
    • Platforms
    • Insurance
    • Investments
    • Private Banking
    • Citizenship
    • Taxation
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Directory
  • Video
  • Advertise with us
  • Directory
  • Events
  • European Fund Selector
  • Newsletters
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
  • Advertise with us
  • Directory
  • Events
    • Upcoming events
      event logo
      Sustainable Investment Festival 2021

      The Sustainable Investment Festival will run online from 22-25 June and will include thought-provoking presentations from renowned keynote speakers, innovative breakout events and sessions specifically tailored to meet the information needs of fund selectors, financial advisers, pension consultants, trustees and scheme managers.

      • Date: 22 Jun 2021
      • Online, Online
      View all events
  • European Fund Selector
International Investment
International Investment

Sponsored by

Sharing Alpha
  • Home
  • News
  • Products
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Video
  • Business Development

Isle of Man multi-family office announces management buyout

Isle of Man multi-family office announces management buyout
  • Pedro Gonçalves
  • @PeterHSG
  • 18 July 2019
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  

Isle of Man-based Boston Multi Family Office has announced a management buyout, in a deal backed by Rockpool Investments. 

The MBO will see Katherine Ellis, former group director of Business Development, step into the chief executive officer role on completion with Alex McNee remaining as managing director.

Related articles

  • People moves: Boston Multi Family Office, Franklin Templeton, Brooks Macdonald
  • Ganado named MD of Boston MFO Malta
  • Isle of Man's Boston family office acquires IQE
  • DFSA strengthens ties with Isle of Man regulator

Boston Multi Family Office was founded in 2002 as a single family office and has been held in private ownership ever since. It has grown into a commercial multi-family office providing boutique administration services from offices in the Isle of Man, Malta and the Dubai International Financial Centre (DIFC).

The creation and preservation of family wealth remains our overriding mission and I am looking forward to working with the team to implement our strategy for future growth"

Boston's Maltese and Dubai operations are included in the management buyout, which has been undertaken with the support of a group of high net worth investors via Rockpool Investments.

Katherine Ellis said: "It is a privilege for Alex and me to take the reins of such a reputable business at a very exciting time in its history. The creation and preservation of family wealth remains our overriding mission and I am looking forward to working with the team to implement our strategy for future growth."

Alex McNee added: "Boston Multi Family Office has responded to demand from intermediaries and other wealthy families to broaden its services over the past two decades and establish a multi-jurisdictional presence. The ability to offer services across both non-EU-offshore and EU-onshore jurisdictions provides an enormous amount of opportunity and gives us maximum flexibility for structuring assets globally. We are keen to explore further opportunities to increase our reach and continue to provide an excellent service for our clients, wherever they may be based."

Boston Link, the recruitment specialist firm and former sister business to Boston Multi Family Office, now becomes a standalone company.

The management buyout is subject to regulatory approval.

Subscribe to International Investment's free, twice-daily, newsletter

 

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
  • Topics
  • Business Development
  • Boston Multi Family Office
  • MBO
  • Rockpool Investments
  • Isle of Man
  • Malta
  • Dubai

More on Business Development

Schroders launches £4bn UK Investment Solutions business

  • Business Development
  • 07 April 2021
Clear majority of advisers favour remote working post Covid

  • Business Development
  • 01 April 2021
Lombard Odier expands into Brazil with São Paulo office

  • Business Development
  • 29 March 2021
Vanguard opens Milan office

  • Business Development
  • 15 March 2021
Quilter to merge investment management and private client business

  • Business Development
  • 10 March 2021
Back to Top
  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading