We are positioned globally ensuring that wherever your fund is domiciled, our office will be nearby.
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Custom House Global Fund Services Limited (Parent Company & Head Office)
SmartCity Malta | SCM 01 | Level 4 | Ricasoli | Kalkara | SCM 1001 | Malta
Malta became a member of the European Union in 2004 and established its financial services authority, the Malta Financial Services Authority (“MFSA”), in 2002. The stated goal of the MFSA is the ‘development of a dynamic framework that enables the industry to develop new products and services within a sound regulatory environment compliant with international standards’.
In 2010 Malta was ranked 13th out of 133 countries for the sophistication of its financial markets by the World Economic Forum’s Global Competitive Index. Under the stewardship of Professor Joe Bannister, the MFSA has created the framework for a financial services sector within EU borders that supports a competitive cost structure, a highly trained English speaking workforce and a pro-business regulator.
By 2008, Custom House had become an international firm with offices in Chicago, Dublin and Singapore. With the impending merger with TMF, a corporate restructure was imminent. At that point, it was already the largest administrator of Maltese funds, so the timing was right to establish ‘Custom House Global Fund Services Ltd.’ and open a Maltese office. Becoming the global parent company and head office for all Custom House offices, Malta soon acted as the lead regulator for the Group and Custom House was authorised under a Category 4 License as a Custodian for Funds of Funds and recognised as a hedge fund administrator by the MFSA.
Today, Custom House Malta plays the same role as all other group offices, forming an important part of the global operational model, as well as servicing local funds and clients. Malta is the European window in our 24-hour seamless fund services platform and, with approximately 40 employees, remains the largest fund administrator on the island, providing an established presence with a loyal customer base. As 2010 winner of the ICFA award for hedge fund administrator of the year in Malta (and nominated again in 2011), along with consecutive awards in 2010 and 2011 from FundDomiciles.com for Maltese administrator of the year, Custom House Malta is the leading administrator for Maltese funds. Alongside the primary fund accounting office in Sofia, Malta is the secondary fund accounting office providing services to US, European and Asia.
Custom House has both SSAE16 and ISAE3402 accreditation across all operational offices within the Group.
Custom House Global Fund Services Limited is regulated by the MFSA, both as a recognised fund administrator and authorised under a Category 4 license as a Custodian for funds of funds.
KEVIN CARUANA, Managing Director
Kevin Caruana holds a B. Accountancy (Hons.) degree awarded by the University of Malta in 2003. In 2006, Kevin qualified as a Certified Practicing Auditor.
Kevin began his career with PricewaterhouseCoopers in 2003, focusing on audits of international structures and clients within the financial services industry. In addition to the PricewaterhouseCoopers Malta office, he also worked in the PricewaterhouseCoopers Luxembourg and Jersey offices as Manager. He left PricewaterhouseCoopers in 2009.
The same year, Kevin joined Custom House Global Fund Service Ltd. as Financial Controller of the company. In January 2011, Kevin became Managing Director responsible for management, operations and implementing group strategy in the Maltese office.