Consulting firm KB Associates has opened an office in the Cayman Islands. The new office will provide directorship, company registration and registered office services to Cayman-domiciled funds.
The Cayman operation will be led and developed by Mike Parton, who has been active in the offshore fund industry since 1996. Before joining KB Associates, he was the founder of a family office service group that advised on levered fund investment structures.
“Increasingly, investors require independent fund directors to have relevant up-to-date expertise and to devote significant time to each fund in order to properly discharge their duties,” said Parton