London-listed service provider JTC has promoted alternative fund specialist James Tracey to Managing Director of its Guernsey office.
In his new role, Mr Tracey will lead the firm’s Guernsey office as it continues to grow its institutional and private client service range from the jurisdiction, while he will also assume additional cross-jurisdictional responsibilities as he takes a seat on JTC’s Institutional Client Services (ICS) Board.
With more than 15 years’ experience in international financial services, Mr Tracey joined JTC in 2015 following the firm’s acquisition of Kleinwort Benson’s fund administration business and has worked in all areas of fund servicing, including commercial property, private equity, fund of funds and fund of hedge funds as well as listed investment vehicles.
A director of JTC’s Guernsey AIFM services company, Mr Tracey also has a number of directorships on both management and investment companies.
He is an Associate Member of the Institute of Chartered Secretaries and Administrators (ICSA), and a Member of both the Chartered Institute for Securities and Investment (CISI) and the Institute of Directors (IoD).
Tony Whitney, Group Head of Institutional Client Services, said: “James has a vast amount of experience in the global alternative funds space and will be absolutely key in leading our evolving business in Guernsey, including overseeing the growth of our offshore ManCo platform in the jurisdiction. Not only will he be an asset to the firm in terms of leadership, he will also add a great deal of value to our global ICS offering, and we’re very pleased to welcome him to the board.”
Commenting on his new role, Mr Tracey added: “It’s a privilege to take on this role at JTC, which continues to experience growth and invest significantly in its global capabilities following our listing on the London Stock Exchange earlier this year. Guernsey is very much part of that growth story, and in my new role I’m looking forward to ensuring we continue to offer clients a first class, cutting-edge service right across our institutional and private client business lines from Guernsey.”
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