TMF Custom House Global Fund Services Limited

(Parent Company)

Mark Hedderman, CEO

Kevin Caruana, Managing Director

Smart City | SCM01 | Floor 4, Ricasoli | Malta

T  +356 2258 2100  +356 2702 2899


Office Profile

Malta became a member of the European Union in 2004 and established its financial services authority, the 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'.  Indeed, in 2010 Malta was ranked 13th out of 133 countries for the sophistication of its financial markets by the World Economic Forum's Global Competetive Index.  Under the stewardship of Professor Joe Bannister, the MFSA has created the framework for the establishment of a financial services sector that offered a location wthin EU borders with a competetive cost structure, a highly trained, English speaking workforce and a pro-business regulator.

By 2008, TMF Custom House had become an international firm with offices in Chicago, Dublin and Singapore and with the impending merger with what is now TMF, there was a requirement for a corporate restructure.  At that point, we were already the largest administrator of Maltese funds, so the timing was right to establish ‘TMF Custom House Global Fund Services Ltd.’ and open our Malta office, which would, in turn, act as the global parent company for all TMF Custom House offices.  Malta then became the lead regulator for the Group and TMF 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 TMF 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's is the European window in our 24-hour seamless fund services platform and, with over 40 employees, remains the largest fund administrator on the island providing an established presence along with a glowing reputation.  As the 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 for Maltese administrator of the year, TMF Custom House, Malta, has established itself as the administrator of choice for Maltese funds.