GH&I Announces New Office in Cayman Islands

Gifford, Hillegass & Ingwersen of Atlanta (FY11 net revenue of $14.7 million) has established an office in the Cayman Islands to serve its growing number of hedge fund and alternative investment fund clients.

GH&I’s new office will also assist captive insurance companies and other offshore entities. Current fund clients range in size from startups with a few partners to funds with several hundred million dollars and over 100 partners. “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,” says Andrew Siegel, GH&I tax partner and leader of the firm’s alternative investment group.