Alter Domus, a leading Luxembourg-headquartered provider of outsourced administration services, has announced the opening of an office in Guernsey.

A presence on the Island will offer clients and new contacts increased freedom of choice and flexibility to implement the structure best suited to their needs.

The new office will provide fund administration services to private equity, real estate and other specialised investment funds.

Dominic Jones, Managing Director, Alter Domus Guernsey, said, "Opening an office in Guernsey underscores our commitment to providing comprehensive support to our clients across the Channel Islands."

Dominique Robyns, CEO of Alter Domus Group, commented: "As we expand globally, we are continually aware of our clients' needs and seek to be present wherever their business takes them. Guernsey is an important jurisdiction for many of our clients, and therefore for us as well."

Providing fund administration and corporate and management services in several of the principle jurisdictions worldwide, the Alter Domus team unites accounting, regulatory and compliance expertise to offer fully-integrated services to multinational corporations and alternative investment funds.

Alter Domus maintains offices in Amsterdam, Budapest, Cyprus, Jersey, Hong Kong, Luxembourg, a representative office in the United States, and now Guernsey. An independent firm, Alter Domus has staff with strong expertise in both corporate and management services and fund administration. It supports the accounting, regulatory and compliance requirements of legal structures established by its clients in each of the jurisdictions in which it operates.

Alter Domus serves 22 of the 50 largest private equity funds (source: Private Equity International, PEI 50 2008).

For more information about Guernsey's finance industry please visit www.guernseyfinance.com.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.