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Ipes

Triple Awards Success for Local Fund Administrator

Ipes has been named Investment Funds Advisory Firm of the Year in the Channel Islands at the Corporate INTL Global Awards 2010. The industry award is the third for the Company within the last six months.

The awards recognise excellence across the world’s leading advisers and financiers in an array of countries and continents globally. Category winners were selected from a short list of up to six firms by a panel of industry experts.

The panel, which included the senior partner of a Global Law Firm and the senior partner of an international accountancy practice described Ipes as “the clear and deserved winner of this prestigious award”.

In particular, they noted that “Ipes has shown not only superb growth, they have met the constant challenge in their industry head on and in many ways lead by example. It has been particularly refreshing to see this despite numerous changes within their business over the past couple of years; they haven’t taken their eyes off the ball.”

Ipes chief executive Kevin Brennan comments “we’re delighted to win this award as we are an island business employing great local talent and we compete successfully against international service providers. Our clients and industry observers clearly like what we do and we very much believe we can improve further.”

Ipes was established in Guernsey in 1998 and now has offices in four European locations. Following a management buyout in late 2008, it has continued to grow and develop, taking on 23 new mandates in 2009 alone.

The firm is building its presence in Europe, with the recent establishment of a Luxembourg office, in response to demand from its client base, and the strengthening of its London based team with two director level appointments. Justin Partington joined as Commercial Director in March 2010 and Caroline Ferguson, who previously worked for Ipes in Guernsey, has been appointed Operations Director for the UK office.

Ipes has also launched a listed funds service after it was successful in becoming a Category II member of the Channel Islands Stock Exchange ‘CISX’ earlier this year.

“We’re pleased with the continued growth of our business and in the light of these recent developments we believe we are well placed to meet the needs of our client base going forward” says Brennan.

 “As the demand for our services continues to increase with the recovery of the private equity industry, we’re once again looking to recruit more focused and enthusiastic people to our Channel Island locations,” he concludes.

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