FFP launches fund admin business

FFP, a provider of offshore fiduciary and restructuring services, has launched a fund administration business line in the Cayman Islands.

The firm aims to support GPs with fund administration across multiple jurisdictions.

“Over the last 10 years many of our mandates have involved coming in and replacing existing service providers, often in complex or contentious circumstances, and for whom the existing relationship no longer fits their commercial parameters or experience,” commented Andrew Childe, partner at FFP. “Taking on fund administration in such circumstances is a logical extension of our existing business model and will allow us to service the increasing accounting needs of our private client practice as well.”

FFP has offices in the Cayman Islands and British Virgin Isles. It provides fiduciary, trust, insolvency and restructuring, corporate, economic substance, forensics and investment management, and soft wind-down services.

The Drawdown recently took a deep dive into the fund administration market, which you can read here.