People Moves
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.