Business in brief

IMAC

The Insurance Managers Association of Cayman and the IMAC Scholarship Foundation are hosting the 1st Annual Dinner and 3rd annual Scholarship Fundraising Gala on Saturday, 22 September , 2012. The night will include a cocktail reception and a three course dinner prepared by expert chefs, followed by music and dancing. There will also be an array of silent and live auctions. The black tie event will start at 6:30pm and tickets cost US$165.

Harneys

Joss Morris has joined Harneys’ Cayman office as a partner. Mr Morris joins Harneys from Walkers where he practiced for six years in the firm’s Cayman and Jersey offices. Prior to moving offshore Joss worked for eight years in the London, Warsaw and Paris offices of Linklaters. Admitted in both the Cayman Islands and British Virgin Islands, his areas of expertise include offshore funds, cross-border corporate transactions and banking and finance matters.

The Head of Harneys’ Cayman office Kieron O’Rourke said: “Joss is a highly experienced and capable practitioner who strengthens our Cayman Islands law offering. He comes to us with a proven track record of meeting or exceeding client expectations and will fit in well with the high-quality Cayman team we have built.”

Joss is the third new Cayman partner to be recruited by Harneys this year. In March, Sean Scott joined from Maples and Calder and Timothy Bridges from Ogier. Other recent appointments were Patrick Colegrave and Louise Groom both of whom joined from Walkers in late 2011, and Alexia Adda who joined the litigation team in May.

Ritch & Conolly

Following several weeks of contributions, local law firm Ritch & Conolly today announce a donation of $1,000 to the Cayman Islands Cancer Society. The funds were raised via a Dress Down Day initiative in which staff members were allowed to dress down on a Friday by making a charitable contribution.

The Cayman Islands Cancer Society is a non-profit organisation funded through charitable donations and fund-raising events. Through their efforts, the Cayman Islands Cancer Society aim to raise awareness of cancer as a major public health concern and work towards a reduction in the incidence of cases.

“We’re extremely pleased to have been chosen as the recipients of Ritch & Conolly dress down day initiative,” said Betty Ann Duty, Chairperson, Cayman Islands Cancer Society.

“Such donations will assist our fundraising efforts to continue helping patients with cancer treatments, and ancillary healthcare costs if necessary. We strive to continue our ongoing cancer awareness programmes throughout the community, and to bring necessary healthcare initiatives to the forefront. We would not be able to fund the operations of the society without such donations.”

“Speaking on behalf of all the staff at Ritch & Conolly, we are delighted to make this donation to the

Cayman Islands Cancer Society,” said Marie Reinke, human resources manager, Ritch & Conolly. “We appreciate all the support that the Cancer Society offers to individuals in the community with this unfortunate illness and hope that this donation will help them continue their great work.” Due to the popularity amongst members of staff, the Dress Down Day fundraising initiative will continue throughout 2012.

Ogier

A cross jurisdictional Ogier team has acted for Coller Investment Management Limited in relation to the establishment of Coller International Partners VI (CIP VI). Coller Capital, the leading global investor in private equity secondaries, has announced the final closing of CIP VI with commitments of $5.5 billion. CIP VI is a Guernsey authorised closed-ended investment scheme, comprised of Guernsey, Cayman Islands and other vehicles, and has been established primarily to pursue privately negotiated investments in the secondary market worldwide.

Ogier worked with O’Melveny & Myers LLP on the transaction and advice was provided by Ogier’s Guernsey, Cayman Islands and Jersey offices as well as certain fiduciary services being provided by Ogier Fiduciary Services. Ogier partners Roger Le Tissier and William Simpson led the Ogier Guernsey team assisted primarily by Senior Associate Bryon Rees and Associate Rachael Sanders, the Cayman team was led by Partner Nick Rogers assisted by Associate Michael Lubin and the Jersey team was led by Partner Mike Lombardi.

William Simpson said, “we are delighted to see this successful stage of fund raising for CIP VI. Ogier and Coller have worked together for many years and we have the ability to provide all offshore advice and services in Guernsey, Jersey and Cayman through our firm.”

BCQS

Property and Development Consultancy BCQS International announced the promotion of Associate Director, James Hunt to the position of Director, based in the BCQS British Virgin Islands office.

He has fifteen years experience providing professional quantity surveying, cost management and project management services. Mr Hunt specialises in tailored cost planning, bespoke procurement strategies, value management, contract formulation, strategic cost reporting and development financial management. He has been involved with a number of high profile projects with BCQS throughout the Caribbean region, including New Peebles Hospital, BVI, Necker Island, BVI, Moskito Island, BVI, Amanyara Resort, TCI and Camana Bay, Cayman Islands.

Prior to joining BCQS, Mr Hunt worked for Northcroft, a UK based construction consultancy. He worked as an Associate Director and was responsible for cost management services on a number of high-profile projects. Furthermore, James holds a Bachelor of Science (Honours) Degree in Quantity Surveying from Leeds Metropolitan University, UK and is an elected Professional Member of the Royal Institution of Chartered Surveyors.