Jumbos slim down

The days when individuals had hundreds of Cayman fund directorships seem to have passed. But there are still a few directors in Cayman sitting on the boards of an awful lot of funds. Absolute numbers can be misleading given that a series of funds from the one promoter might require much more work than the same number from another one.

Nonetheless it is interesting to note that there are two independent directors in Cayman that sit on the boards of over 200 funds each, according to SEC’s ADV filings. And there are 12 more that sit on the boards of over 100 funds.

For more on this story see the December issue of The NED.