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Cayman boasts diversification within financial services

From Cayman Funds While specific sector such as financial services and tourism tend to dominate economic activity of many Caribbean countries, some, including the Cayman Islands, have achieved diversification within financial services, Cindy Scotland, managing director of the Cayman Islands…

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Cayman Enterprise City contributes $20Million to Cayman Islands economy during past 12 months

CEC more than doubled the number of companies in the zone, exceeding 2013 goals; zone stats show newcomers spent millions locally George Town, Grand Cayman (Dec 18th, 2014) – Cayman Enterprise City, Cayman’s knowledge-based special economic zone, has contributed an…

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Perfect partnerships – Singing the praises of Cayman Islands ELPs

From hedgeweek By Nicholas Butcher, Maples & Calder – Cayman Islands exempted limited partnerships (“ELPs”) are currently riding the crest of a wave. Consistently a popular form of investment vehicle for hedge and especially private equity funds, 2013 saw a…

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InterContinental Hotels Group to acquire Kimpton Hotels for $430 Million

By Dennis Schaal and Jason Clampet, From Skift Boutique and lifestyle properties are the hottest segment in the hotel industry and with the acquisition IHG gets a foothold for an enhanced position in the segment. InterContinental Hotels Group agreed to…

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Cayman begins to see a rise in hybrid funds

From hedgeweek UBS Fund Services has had one of its strongest years in terms of winning new clients according to Monette Windsor (pictured), who heads up the Cayman Islands business. “We’ve invested heavily in our business development team this year…

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Butterfield & Cayman Gift Certificates.com give back to Cayman Charities

Launched late 2013, Cayman Gift Certificates™ is the only website where you can purchase gift certificates from Caymanian vendors from anywhere in the world.   The process is simple: online shoppers visit www.caymangiftcertificates.com, select a participating vendor, and immediately send an…

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Latitude, a Blockchain startup accelerator, set to launch in the Cayman Islands

By Diana Ngo From Cointelegraph A newly announced accelerator program for blockchain ventures is set to launch in January in the Cayman Islands, aiming to take advantage of the location’s heavenly landscapes and favorable tax regime. Cayman Islands-based accelerator program…

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Dispute breaks out over title of ‘First Regulated Bitcoin Hedge Fund’

By Joon Ian Wong From Coin Desk In July, a hedge fund in Jersey issued a press release announcing that it had become the first regulated fund to deal in bitcoin. The Jersey fund, called Global Advisors Bitcoin Investment Fund…

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Yorkey Optical Cayman:

: Positive Profit Alert (2014.12.19) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any…

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CB Pharma Acquisition Corp. announces closing of initial public offering

BURLINGTON, Mass., Dec. 18, 2014 (GLOBE NEWSWIRE) — CB Pharma Acquisition Corp. (Nasdaq:CNLMU) (“CB Pharma” or the “Company”), a Cayman Islands exempted company formed as a blank check company for the purpose of entering into a merger, share exchange, asset…