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What's New In Investments, Funds? – Sorbus Partners
Amanda Cheesley
23 June 2022
Sorbus Partners According to the firm, Sorbus.org is a new concept providing not-for-profit administrative, regulatory, banking, accounting and other services for registered charities, to maximise the effectiveness of their philanthropy. Based in Staffordshire, the firm is a private investment office, offering its UHNW clients wealth, fund and investment management services.
, a UK private investment office, has launched a not-for-profit subsidiary, Sorbus.org, and appointed Kathryn Fox as its chief operating officer.
Kathryn Fox, who has joined the firm as COO, has over 10 years of senior experience in managing operations, both in industry with Rolls-Royce and JCB, and in consulting, the firm added.
Welcoming the move, Fox said: “The administration involved in running a charity is a barrier to getting started, and can impede trustees from their real purpose. By covering the day-to-day running, including organising trustee meetings and preparing agendas and minutes, preparing management accounts, arranging annual audits, administering grants and bursaries, employee administration and payroll, and dealing with general administration and correspondence, trustees are finally free to focus on what really matters."
Max Thowless-Reeves, founding partner of Sorbus, explained that the new subsidiary emerged from their work with their clients, many of whom are deeply rooted in their communities and have a passion for philanthropy.