BVI fund administrators find niche

British Virgin Islands supplement May 2009: Sailing through turbulent waters


The British Virgin Islands (BVI) hosts a vibrant community of small, independent hedge fund administrators. The sector is distinctly boutique and assets under administration are small by global standards. The largest administrator in the territory services only around $5 billion in hedge fund assets. Rather than chasing scale, administrators in the BVI say their focus is on providing a high level of client service and building partnerships with start-up hedge funds. The big-name, multi-billio