About Us
IMS Director Services is a division of International Management Services Ltd (IMS). We have been providing financial services in the Cayman Islands since 1974and are specially licensed under the Cayman Islands Mutual Fund Law by the Cayman Islands Monetary Authority to provide Directors (known as Operators) to mutual funds. With the growth in Cayman's hedge fund industry over the last ten years we have specialised in providing professionally qualified and experienced directors to Cayman registered hedge funds. The directors we provide are drawn from household names in the funds induictry such as UBS, Fortis, KPMG, Deloittes, PriceWaterhouse, Scotiabank, Royal Bank of Canda, Dresdner Fund Administration, Kleinwort Benson, Deutsche Bank and DPM Mellon.
IMS directors presently sit on Boards controlling over US$100 billion and on Boards of six out of the world's ten largest hedge funds.
International Management Services Ltd is one of the largest Cayman management companies and is well known throughout the world of offshore finance.
Our History
The history of International Management Services Ltd (IMS) in many ways parallels the history of the financial industry of the Cayman Islands. IMS has been providing professional directors to companies for over thirty years and with the explosive growth of the hedge fund industry in Cayman IMS came to specialize in providing corporate governance to third party funds through the provision of professionally qualified and experienced fund directors using the organizational structure of IMS as a platform from which to operate It is by using this type of innovative solution to client needs that IMS is able to supply real value added services to its many clients.
Licensed by the Cayman Islands Monetary Authority
IMS holds a trust licence, a company managers licence, an insurance licence and a fund administrators licence,
The fund administrator’s license issued to IMS by the Cayman Islands Government specifically authorizes it to provide directors or “operators” to Cayman registered funds. Under the license IMS maintains a minimum net worth of half a million US dollars and its own financial statements are audited by Government approved auditors and submitted to the Monetary Authority annually. It’s operations are also inspected periodically by the Monetary Authority’s fund administrators inspection team. Something certainly worth bearing in mind when choosing someone to look after your affairs since not many firms in the Cayman Islands providing director services have been around so long, are so rigorously regulated or have the organizational ability to provide the required back up to the directors when needed.
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