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Chief Justice Narinder Hargun has agreed with the joint provisional liquidators (JPLs) in the appointment of representatives for different classes of creditors in the winding up proceedings of Northstar Financial Services (Bermuda) Ltd and Omnia Ltd....

American lawyers are advising international investors to sue over a failed Bermuda investment company. The failure of Northstar Financial Services (Bermuda) is related to a jailed billionaire investor in the US, and the sudden halting of the company...

Athene Holding Ltd has led a minority investment in Challenger Ltd, an Australian investment management firm. The Bermudian-based financial services company said that, along with its strategic partner, Apollo Global Management, it has agreed to acqui...

Corporate services company Ocorian has named Damian Resnik as its new managing director in Bermuda. Mr Resnik joined the group in June 2019 as client and operations director. A statement said Mr Resnik will continue to build on Ocorian’s presence in ...

Fintech company Bite Investments has published a white paper that “presents a strong case for private equity investments and important factors for success” The alternatives investment platform provides high-net-worth investors access to alternative a...

Bermudian-based Emerging Asset Management Ltd, a company founded to simplify the process of running an investment fund, has reached the milestone of $1 billion of assets under management. EAM, which has platforms in Bermuda, Cayman and Delaware, and ...

Peter Durhager has agreed to become chairman of Bermudian-based Somers Ltd, the financial services investment holding company that has a 100 per cent shareholding in Bermuda Commercial Bank Ltd. Mr Durhager is to succeed Warren McLeland, who has serv...

A virtual lunch and learn webinar that looks at investment opportunities and challenges in medical technology will welcome Bermudian-based participants on Monday. The event is co-hosted by BITE Investments and VCP Americas LLC. Attendees will hear fr...

Thousands of Bermuda residents have dipped into their pension pots, taking out an average of $7,000 to $9,000 to help them through the economic downturn caused by the Covid-19 pandemic. And a local pension company estimates that a quarter of its memb...

Apex Group Ltd plans to acquire FundRock Management Company SA and FundRock Partners Ltd. When the transaction is completed, Apex will reach close to $1 trillion in combined assets across administration, custody, depositary and under management. Apex...

Given the turbulent economic times in which Bermuda finds itself because of Covid-19, it is time for the Government to examine establishing a national investment fund to help insulate the economy from economic shocks and, at the same time, help to po...

Appleby Global Services’ Bermuda office has celebrated its one year anniversary and the onboarding of “100 structures”. The business is the specialist trust and corporate services provider of international law firm Appleby. The structures on-boarded ...