People Moves

Jersey's Ogier Fiduciary Services Adds Senior Hires Following Buyout

Stephen Little Reporter London 27 May 2014

Jersey's Ogier Fiduciary Services Adds Senior Hires Following Buyout

Jersey-based Ogier Fiduciary Services has promoted Charles Le Cornu to director and appointed new directors Simon King and Jon Barratt to the funds and real estate teams, respectively.

Jersey-based Ogier Fiduciary Services has promoted Charles Le Cornu to director and appointed new directors Simon King and Jon Barratt to the funds and real estate teams, respectively.

Le Cornu joined Ogier in 2006 from KMPG and has 10 years experience in the offshore financial services industry, specialising in investment fund accounting and administration.

King joins the funds team from State Street, where he most recently held the position of head of client services (EMEA), having previously managed private equity administration teams in Jersey. He previously worked at M&G Real Estate, where he was director of transaction management and director of property legal services.

Barratt joins as a director to lead the real estate team and to act as a director for a number of client companies. He has 25 years of management experience, seven of which were offshore with HSBC corporate banking in Jersey.

In February, the partners of Ogier Fiduciary Services completed a management buyout of the business from the Ogier Group, following a strategic review.

The deal was backed by private equity firm Electra Partners, which agreed to invest £83 million ($139.9 million) in the £180 million transaction.

The buy-out of Ogier Fiduciary Services has resulted in the creation of two separate businesses: Ogier Legal and Ogier Fiduciary Services. 

Ogier Fiduciary Services offers capital, corporate fund and private wealth services and currently employs 450 people across 10 jurisdictions.

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