VG Launches Capital Markets Offering with Senior Appointment and London Presence

·         VG expands services into Capital Markets

·         Cliff Pearce is appointed Head of Capital Markets

·         VG to open London office

VG, a leading provider of corporate services, funds and private wealth is pleased to announce the next phase of its growth strategy. It is launching Capital Markets services and has appointed Cliff Pearce to lead the division as Head of Capital Markets. Through the planned opening of a London office, VG will also establish a direct presence in the UK.

These latest moves are in line with the firm’s stated strategy to offer new services and extend its jurisdictional footprint beyond its Jersey HQ. With the backing of Mayfair Equity Partners, its ongoing growth plans also include rapid organic expansion and exploring strategic acquisitions.

VG will offer a range of capital markets services including Corporate and Special Purpose Vehicle services, Loan Agency, Trustee and Escrow capabilities. Leading the new offering will be Cliff Pearce, who has been appointed Head of Capital Markets with immediate effect.

Cliff joins VG from TMF and prior to that Intertrust where he was Global Head of Capital Markets. He brings more than 20 years’ experience in capital markets at leading banks including Greenwich NatWest, Bear Stearns and Bank of America Merrill Lynch, originating and delivering transactions to a wide client base.

Cliff is also an experienced board director in a variety of sectors including real estate, insurance, infrastructure and residential mortgages. He was previously a member of the Forbes Finance Council and the Association for Financial Markets in Europe (AFME) Securitisation Board.

Cliff Pearce, Head of Capital Markets, commented:

“Joining VG and leading its expansion into new markets and locations is a privilege and a challenge that I am very much looking forward to. The team is excellent, the mindset and focus is refreshing and I am confident that we can quickly create a thriving business in the UK and beyond.”

The new Capital Markets offering is supported by a team of experienced experts and builds on VG’s existing deep expertise and well-established corporate services business, headed up by Stephen Langan, Director of Corporate.

Commenting on VG’s announcements, Stephen Langan said: “Capital Markets is a natural area for VG to expand into given the expertise we already possess. I am delighted to be working with Cliff. His specific experience offers VG an unparalleled insight into clients’ expectations. Our decision to expand our footprint into the UK reflects the strategic importance of this financial jurisdiction for our valued clients and contacts as a Capital Markets hub. I look forward to showing the market what VG can offer through its London and Jersey bases.”

The London office is scheduled to open this Summer in the City of London.

Stuart Layzell, Chairman, added:

“We’re excited to launch this service and our London office, which opens up new markets for VG and demonstrates our ability to swiftly grow. As a people and relationship business, I’m most pleased to welcome Cliff to the team. His deep skills and experience and his superb reputation in the industry are excellent foundations to firmly establish VG in Capital Markets.”