DMS Executive Director
Nicholas Parkes was interviewed by the magazine Andy a
Luxembourg for its December 2015 issue.
DMS pioneered the professionalisation of fund directorship
services in the Cayman Islands. Now, says Luxembourg head Nick
Parkes, it has grown into a global group that sees strong
opportunities for alternative investments in the grand
duchy.
How did DMS become the world's largest dedicated fund
governance business?
DMS has been active as a provider of services to investment
funds for the past 14 years, starting out as a provider of
directors in the Cayman Islands, where we remain the dominant
player in the market. We institutionalised the directorship
business by hiring well-qualified people and providing them with
the services they needed to carry out their duties, such as IT
support. Over the year, DMS developed new offerings including
corporate services, FATCA support and risk management, extended its
business to Europe, and launched a
