Carey’s corporate and private wealth offering complements and enhances Suntera’s current Guernsey offering.

Jersey-based Suntera Global has acquired Carey Commercial Limited (Carey), a boutique fund, corporate and private wealth services provider. The transaction is subject to regulatory approval.

With a 45+ year heritage and a team of 80 specialists, Carey currently provides a broad range of professional, administrative and accounting services to fund managers, large institutions, UHNWs and family offices around the globe.

Carey’s corporate and private wealth offering complements and enhances Suntera’s Guernsey offering, the Suntera said. Carey’s fund administration division's offerings include full-service fund administration, directorship services, listing services, investor services, company secretarial and corporate governance, risk and compliance services, and international reporting (FATCA; CRS). The transaction adds Guernsey as a new "tier one" fund jurisdiction for the firm.

David Hudson, group CEO, (pictured) Suntera Global, said: “The addition of Carey, a high-quality business with an impressive, closely aligned team and a strong track record across all three divisions, to our strategically important and fast-growing Guernsey business is a great milestone.This acquisition forms part of our ongoing strategy of continuously developing our offering and capability to further enhance the services offered to our clients in each of our tier one jurisdictions.”

Jim Gilligan, managing director, Carey, added: ‘‘The culture of Suntera has been evident through our discussions and it was key for Carey to be part of a group with an aligned culture. Suntera is also fully committed to high environmental, social and governance (ESG) standards, as are we, as well as adhering to the same ethics and responsible practices, which is the cornerstone of Carey. We look forward to working with David and the wider Suntera team.”

Suntera Global is a multi-jurisdictional provider of corporate, fund and private wealth services. The firm has more than 475 specialists supporting a global client base from offices in the Bahamas, the Cayman Islands, Hong Kong, the Isle of Man, Jersey, Guernsey, Luxembourg, Malta, and the US.