Channel Islands Funds

From our office in Jersey, Carne provides independent oversight and governance for funds domiciled in the Channel Islands of Jersey and Guernsey. We have experienced independent fund directors resident in the Channel Islands, who possess strong local backgrounds and vital familiarity with the regulatory regimes and fund services communities in both Channel Islands.

In addition, Carne has a fully-licensed independent management company available for third party managers interested in using a non-EU AIFM solution in the Channel Islands. We can also support clients that wish to establish their own AIFM, for example by providing risk management services.

If you are interested in governance or distribution support for Channel Islands fund structures, please contact our office in the Channel Islands.

Contact Us

Carne Global Financial Services Limited
Channel House,
Green Street,
St Helier Jersey JE2 4UH

Street in the Channel Islands

Channel Islands Directors

Mark Hodgson

Mark Hodgson

Email: mark.hodgson@carnegroup.com
Phone: +44 1534 679511
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Paul Harris

Paul Harris

Email: paul.harris@carnegroup.com
Phone: +44 1534 679512
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Richard Gallichan

Richard Gallichan

Kevin Nolan

Kevin Nolan

Email: kevin.nolan@carnegroup.com
Phone: +44 1534 679510
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Neil Clifford

Neil Clifford

Mark Hodgson

Mark Hodgson is a Channel Islands fund director based in Jersey, with considerable experience in the administration of Channel Islands funds. He has a broad fund expertise covering a wide range of differing asset classes, including real estate, infrastructure, hedge and private equity.

Mark joined Carne in April 2014. He has over 25 years of financial services experience, with an extensive banking background. Mark spent over 20 years with HSBC where he gained in depth knowledge of credit, financial markets and complex Real Estate structures. Prior to moving to Jersey Mark was Regional Director for HSBC Invoice Finance (UK) running their receivables finance business.

Mark moved to Jersey in 2006 to Head up HSBC’s Commercial Centre having full operational responsibility for credit and lending within the jurisdiction. In 2008 he moved to Capita Fiduciary Group as Managing Director Offshore Registration ( a regulated role) with responsibility for Jersey, Guernsey and the Isle of Man. Mark also took on the responsibility as Managing Director of Capita Financial Administrators (Jersey) Limited (regulated role) together with Directorship appointments of regulated and unregulated funds boards. Mark is appointed as Board Director to the LSE listed River and Mercantile UK Micro Cap Equity Fund Ltd and to Kennedy Wilson Investment Management Ltd which acts as Investment Manager to the LSE listed Kennedy Wilson Europe Real Estate PLC.

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Paul Harris

Paul joined Carne from Brevan Howard Jersey where he was responsible for the group’s corporate governance and administration. In this role he sat on the boards of the majority of the group’s offshore companies. Paul has over 20 years’ experience working in the financial services industry in Jersey, including an extensive track record in offshore governance and oversight for fund and trust structures. Paul is a qualified Chartered Accountant and has overseen offshore corporate structures for hedge fund clients, with comprehensive knowledge across a range of funds and asset classes, including fixed income, currencies, commodities and credit. He is very familiar with the operational and due diligence requirements of major institutional investors.

Prior to joining Brevan Howard in 2007 Paul was Client Service Director with Dominion Fiduciary Services Group, working to meet the offshore corporate requirements of some of the largest hedge funds in Europe.

Paul is a Member of the Jersey Society of Chartered & Certified Accountants, a Member of the Society of Trust and Estate Practitioners, and is registered as a principal person with the Jersey Financial Services Commission.

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Neil Clifford

Neil is an experienced Irish-based investment professional and fund director with wide experience of the governance and operations of alternative investments at the institutional level, including infrastructure and private equity funds. He has also had experience as an equity fund manager and is a qualified risk management professional.

Neil joined Carne from Irish Life Investment Managers, where he was Head of Alternative Investments, overseeing an external hedge fund manager portfolio. He also supervised ILIM’s illiquid investments in private equity and infrastructure, including acting as an independent director on a number of investee companies. He began his career with Irish Life as a sector-focused fund manager overseeing part of a €4 billion portfolio. Prior to this, Neil was a Senior Equity Analyst for Goodbody Stockbrokers in Dublin. He has also worked as an engineer with a number of leading engineering and telecoms firms in Ireland.

Neil has a Bachelor of Electrical Engineering from University College Cork and a Master of Business Administration from the Smurfit School of Business, University College, Dublin. He is a Chartered Alternative Investment Analyst (CAIA) and a Financial Risk Manager (FRM – Global Association of Risk Professionals).

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Kevin Nolan

Kevin joined the Carne Group as Group Finance Director in February 2015 and took responsibility for the Group’s global financial management systems. He is a qualified Chartered Accountant, with over 25 years of experience across a variety of industries including travel, security, telecommunications and financial services.

Kevin is highly experienced in the streamlining of business operations that drive growth and bottom line profit and especially in the areas of revenue management, developing and implementing financial controls, I.T. and product procurement.

Having previously been a Chief Financial Officer for 15 years in the travel industry in Ireland, Kevin was honoured by his industry peers by being elected to serve as President of the Irish Tour Operators Federation in 2010 and 2011.

Since joining Carne, Kevin has immersed himself in all aspects of the Group’s global business and has become well-versed in a wide variety of issues within the Asset Management Industry.

Kevin has joined the board of Carne’s Non – EU Channel Islands AIFM as Chief Financial Officer.

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Richard Gallichan

 

With a career of over 20 years working at a senior level within the compliance, anti-money laundering and risk sectors for a number of regulated institutions in the Island, including large private banking groups, international and local trust companies, Richard joined Carne in August 2016 and brings to the Company valuable experience and knowledge of regulatory frameworks and international standards.

Richard’s career includes 7 years working with a Jersey ‘be-spoke’ trust company where, as Compliance Director, he managed the successful application of company’s regulatory trust company business license. In 2008, Richard joined Kleinwort Benson (Jersey) Trustees Limited, part of the Kleinwort Benson Banking Group, where, having been recruited to enhance the trustee knowledge of the Banks Fund Solutions Team, he went on to head up the Bank’s pan-island corporate trustee teams in both Jersey and Guernsey and hold the regulatory licences for the Bank’s trust, fund and investment business.

Richard is a Qualified STEP Practitioner, a professional member of the International Compliance Association, attaining Fellowship status in 2007, and is registered as a Principal and Key Person with the Jersey Financial Services Commission.

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Kevin Nolan

Kevin joined the Carne Group as Group Finance Director in February 2015 and took responsibility for the Group’s global financial management systems. He is a qualified Chartered Accountant, with over 25 years of experience across a variety of industries including travel, security, telecommunications and financial services.

Kevin is highly experienced in the streamlining of business operations that drive growth and bottom line profit and especially in the areas of revenue management, developing and implementing financial controls, I.T. and product procurement.

Having previously been a Chief Financial Officer for 15 years in the travel industry in Ireland, Kevin was honoured by his industry peers by being elected to serve as President of the Irish Tour Operators Federation in 2010 and 2011.

Since joining Carne, Kevin has immersed himself in all aspects of the Group’s global business and has become well-versed in a wide variety of issues within the Asset Management Industry.

Kevin has joined the board of Carne’s Non – EU Channel Islands AIFM as Chief Financial Officer.

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Neil Clifford

Neil is an experienced Irish-based investment professional and fund director with wide experience of the governance and operations of alternative investments at the institutional level, including infrastructure and private equity funds. He has also had experience as an equity fund manager and is a qualified risk management professional.

Neil joined Carne from Irish Life Investment Managers, where he was Head of Alternative Investments, overseeing an external hedge fund manager portfolio. He also supervised ILIM’s illiquid investments in private equity and infrastructure, including acting as an independent director on a number of investee companies. He began his career with Irish Life as a sector-focused fund manager overseeing part of a €4 billion portfolio. Prior to this, Neil was a Senior Equity Analyst for Goodbody Stockbrokers in Dublin. He has also worked as an engineer with a number of leading engineering and telecoms firms in Ireland.

Neil has a Bachelor of Electrical Engineering from University College Cork and a Master of Business Administration from the Smurfit School of Business, University College, Dublin. He is a Chartered Alternative Investment Analyst (CAIA) and a Financial Risk Manager (FRM – Global Association of Risk Professionals).

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