, which provides fund, corporate and private capital services, has launched its rebrand and brought its business units under a single brand.
With a total of €50 billion in assets under administration, Highvern brings together four businesses. In Guernsey, Oak Funds Services was established in 2000, building a specialist fund administration business. Permian, which was founded in Oslo in 2008, developed its presence in the Nordic fund administration market, while PANDOO, with expertise in fund and corporate services, was formed in Luxembourg in 2009.
Highvern has roots in Jersey dating back to 1969. After almost three decades as part of Coutts, the private wealth business became independent through a management buyout in 2016. It relaunched as Highvern and later developed its fund services offering.
“Each business has built strong reputations and trusted client relationships in their own markets. Together, we can now offer clients the reach of an international group with the personal service of a specialist,” Caroline Connellan (main picture), group CEO, said.
The firm has more than 400 people in Jersey, Norway, Sweden, the Cayman Islands, Guernsey, the UK and Ireland, with Luxembourg to follow. Highvern works with alternative fund managers, family offices, private clients and their advisors, and international businesses.