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Generic business image for news article Image: Alter Domus

18 November 2020
Cayman Islands
Reporter Becky Bellamy

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Alter Domus opens Cayman office, hires David Boyd to lead

Alter Domus has opened a new office in the Cayman Islands, expanding its existing presence in North America.

The new office opening will offer a suite of fund administration, corporate and debt capital market services for Cayman Islands structures.

As part of the expansion, David Boyd has been appointed Cayman country executive to lead the firm’s Cayman Islands fund administration, corporate and fiduciary services.

Boyd brings more than 21 years of experience in the Cayman Islands financial services industry, where he has specialised in providing directorships and fund administration services to investment funds, investment management companies and special purpose vehicles.

Most recently, he worked as managing director at Forbes Hare Fund Services. In addition, he served as head of fund services at Appleby Fund Services (Cayman) and director and COO at Butterfield Fulcrum (Cayman).

In his new role, Boyd will report to Paul Woods, regional executive North America.

Woods explained that North America is a strategic growth market for Alter Domus.

He said: “The opening of our office under David Boyd’s leadership is the next step in expanding our North American footprint and servicing clients whose needs are increasingly global and multi-jurisdictional. With his deep expertise in fund services and his strong understanding of the local market, Boyd is the ideal leader to help expand Alter Domus’ presence in Cayman and build a talented team of experts in the year ahead.”

Commenting on his new appointment, Boyd said, “Alter Domus is a rapidly growing fund services provider that has developed and maintained close client relationships with asset managers and investors around the world. I am excited to be part of this growth story as we bring Alter Domus’ industry-leading technology solutions and alternative investments expertise to the Cayman Islands to help clients navigate the increasingly complex regulatory landscape.”

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