Guernsey-based regulatory consultancy Midshore has announced the launch of a joint venture in the US to attract more American-sourced work into the island.
Midshore Consulting USA LLC ("Midshore USA") has been incorporated in Florida and will be operating throughout North America and the Caribbean. Midshore USA is jointly owned by Midshore Guernsey and Sonya Slater, formerly employed by Investec Asset Management in the global role of Head of Fund Operations.
Christopher Jehan, managing director of Midshore Guernsey, said: "Having worked alongside Sonya for many years, it is a pleasure to be working with her again.Our American joint venture aims to feed more US-sourced work into the island, utilising both our services and those of the local financial services sector.
As an island we have already seen an increase in business flows from the US and Guernsey ticks many of the boxes that the Caribbean offshore centres do not"
"As an island we have already seen an increase in business flows from the US and Guernsey ticks many of the boxes that the Caribbean offshore centres do not."
Sonya Slater, president of Midshore USA, said: "After a long career with one firm, the time felt right to take a break and then collaborate with Christopher to form a partnership that can create and make a real difference to Investment firms that wish to utilise a practical approach that extends beyond operations, regulation, fund restructuring, distribution and governance."
Sonya was with Investec Asset Management for 34 years and held a variety of roles, including as Director of management companies in both the United Kingdom and Luxembourg and as Conducting Officer for a Luxembourg-based UCITS. In her global role, Sonya managed teams across seven jurisdictions (UK, Luxembourg, Guernsey, USA, South Africa, Hong Kong and Taiwan) with responsibility for funds in the United Kingdom, Luxembourg, Guernsey, Dublin, USA, South Africa, Namibia, Botswana, Australia and Mauritius.