Business in brief

Gifford, Hillegass & Ingwersen

Atlanta accounting and advisory firm Gifford, Hillegass & Ingwersen LLP said it has opened an office in the Cayman Islands to serve hedge fund and alternative investment fund clients.

GH&I said its new office will also assist captive insurance companies and other offshore entities. “The establishment of a GH&I office in the Cayman Islands is an important strategic move to efficiently serve our alternative investment clients and established niche practice,” said Andrew Siegel, GH&I tax partner and leader of the firm’s alternative investment group. “We have a strong domestic practice and have been studying the idea of opening an office in the Cayman Islands for some time. The Cayman Islands continue to be one of the preferred domiciles for hedge funds and thus, an attractive environment for financial and professional service providers.”

Maples and Calder

Each month Maples and Calder staff raises funds for several charities in its regular Casual Fridays. The contributions by staff on these dress down days are matched by the firm so that for the month of April the NCVO and Hope for Today Foundation’s Halfway House Bridge Program each received a donation of US$2,757.20. A total of US$5,709.58 was given to Feed our Future in the month of May and Rotary Club of Grand Cayman was a chosen recipient of June’s donation for various projects.

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