Live Tabs

Welcome to IKONIC Fund Services. We provide hedge fund and private equity administration outsourcing solutions to a wide range of global investment managers adopting a diverse range of investment styles. Our product offering specializes in hedge funds, fund of hedge funds, private equity funds and funds investing in insurance linked securities. We currently service over 140 client entities from our Bermuda, Charlotte and Cayman offices and our clients range from emerging managers to large institutional funds.

We were incorporated in 2007 as a Bermuda exempted company and we are a licensed Fund Administrator under the Bermuda Monetary Authority Investment Fund Act 2006.

The company was founded by a leadership team with significant in depth knowledge and expertise in fund administration. We are client focused and we have the ability to offer tailored products and services. Our success is built on the stability, professionalism and expertise of a large organization combined with the flexibility, autonomy and character of a hands on niche provider.

In 2010 we incorporated a U.S. subsidiary and opened a full service operational office in Charlotte, North Carolina , USA.

In 2011 we partnered with the Horseshoe Group in a joint venture to form ILS Fund Services Ltd. ILS Fund Services provides fund administration and valuation services to investment vehicles which hold insurance linked securities and is a licensed Fund Administrator under the Bermuda Monetary Authority Investment Fund Act 2006.

In 2012, we formed a Cayman Island subsidiary. We have been granted a Corporate Services License by the Cayman Monetary Authority and provides Registered Office services to Cayman domiciled entities. Also in 2012 we opened a sales Representative office in New York City

Ede Conyers, Executive Director and Chief Executive Officer

Edith G. Conyers (Ede) is one of the principal founders, a director and Chief Executive Officer of IKONIC Fund Services Ltd. (IFSL), a specialist fund administration company, established and licensed in Bermuda in 2007, offering fund administration outsourcing solutions to a wide range of global investment managers adopting a diverse range of investment styles. Our product offering specializes in hedge funds, fund of hedge funds, private equity funds and ILS funds. IFSL has a fully staffed office in Charlotte, North Carolina and a Cayman office holding a corporate services licence.

Until May 2007, Ede was General Manager of Citigroup Fund Services (Bermuda) Ltd. (formerly Forum Fund Services Ltd.) and was an integral part of establishing that company in September 1997 with assets under administration growing to approximately $30 billion. Prior to setting up Citigroup Bermuda, Ede held the position of General Manager of International Corporate Management of Bermuda Limited, a wholly-owned subsidiary of Bermuda Commercial Bank Limited, specializing in offshore fund administration and exempt company management.

Ede has over thirty years of banking and offshore fund administration and company management experience. Prior to moving to Bermuda, Ede was a lending officer in the Energies Division of Chemical Bank, New York. She graduated with a BA from Trinity College in Hartford, Connecticut. Ede acts as director of a number of offshore funds and companies, a director of The Association of Bermuda International Companies and a member of the Bermuda Business Development Agency.

Brian Desmond FCA, Executive Director, Chief Operating Officer and Chief Financial Officer

Brian Desmond is one of the principal founders, a director and COO/CFO of IKONIC Fund Services Ltd. (IFSL). As COO, Brian is responsible for product development, core technologies, company infrastructure and overall operations strategy related to growing the Company including assisting with business development. As CFO, Brian is responsible for the financial management of IKONIC and its subsidiaries.

IKONIC is a fund administration company, established and licensed in Bermuda in 2007, offering hedge fund and private equity administration outsourcing solutions to a wide range of global investment managers adopting a diverse range of investment styles. IFSL’s product offering specializes in hedge funds, fund of hedge funds, private equity funds and funds investing in insurance linked securities.

Brian has over sixteen years of fund industry experience having previously worked at Citigroup Fund Services (Citigroup) as Bermuda Country Head and also as Senior Vice President, Head of Operations. Brian joined Citigroup in July 2000 where he gained extensive experience in fund administration and was responsible for overseeing the fund accounting, shareholder services, audit and Net Asset Value preparation for global clients. He was also responsible for managing all new client implementations from an operational perspective and for establishing standards, controls and procedures for all North American operations.

Prior to joining Citigroup, Brian worked as an audit senior in the investment group of Ernst & Young. He is a Chartered Accountant and acts as director of a number of offshore fund companies.


Jane Lewis, Associate Director

Jane is one of the principal founders, an executive director and the Associate Director of IKONIC Fund Services Ltd. (IFSL), a fund administration company, established and licensed in Bermuda in 2007, offering hedge fund and private equity administration outsourcing solutions to a wide range of global investment managers adopting a diverse range of investment styles. Our product offering specializes in hedge funds, fund of hedge funds, private equity funds and funds investing in insurance linked securities.

Jane has over twenty years of experience in the offshore funds industry and is currently responsible for managing all aspects of administration for IFSL office, supporting Operations by assisting with the Registrar and Transfer Agency functions and processes including anti-money laundering and anti-terrorist financing due diligence as well acting as the Company’s Reporting and Compliance Officers. Prior to joining IFSL, Jane worked for Citigroup Fund Services (Bermuda) Ltd. (formerly Forum Fund Services Ltd.) for ten years initially as Head of Shareholder Services and subsequently as Head of Implementation responsible for managing all new client implementations.

Jane started her career with BCB Fund Services Limited (formerly International Corporate Management of Bermuda Limited (BCB)), which was at one time a wholly owned subsidiary of Bermuda Commercial Bank Limited before the Bank exited that business. BCB specialized in offshore fund administration and exempt company management. During her tenure at BCB, Jane was promoted to Manager of the Shareholder Services Department and was responsible for overseeing the provision of registrar and transfer agency services to ICMOB’s fund clients.

Rodney Davies, Chief Technology Officer

Rodney Davies is a Chartered Accountant and a Certified Information Systems Auditor who joined IKONIC Fund Services Ltd. in September 2007 and subsequently transferred to IKONIC Fund Services USA, Inc. (IFSL). Prior to joining IFSL, Rodney was a Senior Business Analyst with Citigroup Fund Services (Bermuda) Ltd and managed the operations support group for two years. Prior to that, Rodney worked initially as an Audit Senior in the Investments Audit Group and later in the Transaction Services and Risk Advisory Services Group at Ernst & Young, Bermuda.

Rodney is responsible for developing and implementing new products and services including any specialized client reporting requirements. He also co-ordinates the user acceptance testing of all new system releases, and maintains and works to improve the fund accounting, transfer agency and corporate secretarial processes and procedures as they relate to systems and automation. Rodney also advises our operations team on complex fund conversions onto our systems as well as new fund implementations.

Rodney is also responsible for IFSL’s IT infrastructure which includes third party vendor management, software and hardware procurement and the overall control process surrounding the use of the IFSL’s IT infrastructure.

James Martin, Business Systems Analyst

James is responsible for defining, developing and implementing information technology products for IKONIC Fund Services USA, Inc. (IFSL). He is responsible for assisting IFSL with the acceptance testing of new system and application releases.

James also assists with general system and network maintenance, day to day end user support and tests disaster recovery procedures.

Prior to joining IFSL, he held the position of software developer in several industries including health care, banking and non-profit.

James has a bachelor’s degree in business with a major in accounting.

Department Heads

Asha Furbert, Senior Vice President, Implementation and Operational Risk

Asha joined IKONIC Fund Services Ltd. in October 2007 and is responsible for providing operational support in the form of overseeing operational compliance and risk and managing new client implementations. Asha reports directly to the Chief Operating Officer / Chief Financial Officer and has been appointed as the Risk Officer reporting directly to the Chief Executive Officer.

Asha has over 18 years offshore fund industry experience starting her career with BNY Mellon Alternative Investment Services Ltd. (formerly International Fund Administration Limited) (BNY) in 1996. Asha left BNY as the Assistant Manager of the Shareholder Services Department in January 2000 and joined Citigroup Fund Services (Bermuda) Ltd. (formerly Forum Funds Services Ltd.) (Citigroup), initially, as the Assistant Manager within the Registrar & Transfer Agency group.

During her tenure at Citigroup, Asha was promoted to Head of Shareholder Services and then transferred to the position of Operations Control Manager with responsibility for compliance, risk and controls including acting as Business Information Security Officer and Continuity of Business Officer.


Michael Gentile, Senior Vice President, U.S. Operations

Mike Gentile, a Chartered Alternative Investment Analyst, joined IKONIC Fund Services USA, Inc. (IFSL) in September 2012 and is responsible for managing the operations of IFSL fund services, in the U.S., including portfolio and fund accounting as well as investor services. With over 15 years’ experience in the area of fund administration, Mike joined IFSL from Citi Hedge Fund Services (Citi) where he was a Senior Vice President managing a business unit providing investor services for over 50 hedge fund clients with combined net assets in excess of $20 billion. At Citi, Mike managed up to 35 staff and was responsible for the investor services relationships of many large and diverse clients, as well as managing and coordinating projects that included fund launches, system development and system conversions. Prior to his 12 years at Citi, Mike’s accounting career began with State Street Corporation, a mutual funds administrator located in Boston, Massachusetts.

Mike graduated from Boston College with a Bachelor of Science degree in Business with a concentration in Finance.

Neil MacGuinness, Senior Vice President, Investor Services

Neil joined IKONIC Fund Services Ltd. in January 2015 and is responsible for managing the Company’s Investor Services team and overseeing the delivery of a full range of investor services to fund clients reporting directly to the Chief Operating Officer/Chief Financial Officer.

Neil has 13 years of fund industry experience working in Investor Services/Transfer Agency most recently as an Assistant Vice President with Citi Hedge Fund Services Ltd. (Citi). Prior to joining Citi in 2004, Neil started his career right out of college in 2002 working for Deutsche/State Street Fund Services International (Ireland) Limited. During his time with Citi, Neil gained extensive experience with all aspects of Investor Services. As well as managing numerous teams providing day to day services to various clients, he was also very involved in systems and controls/procedures. He led the roll out for all North America offices for an imaging and workflow system to allow for a mostly paperless office. Neil had a lot of involvement in the core Investor Services system, from dealing with operational issues, to providing requirements and testing for upgrades, whether for client requests, regulatory changes or internal enhancements. Neil was also very focused on internal controls and procedures, ensuring they were both robust and efficient. For the last 3 years of Neil’s tenure with Citi, he worked within the global Product team focusing on the design and roll out of the web reporting solution for clients and investors.

Neil has a Bachelor of Business Studies (Management & Administration), graduating from Dundalk Institute of Technology, Co. Louth, Ireland.

Scott Burns, Senior Vice President, Private Equity

Scott Burns joined IKONIC Fund Services Ltd. as Senior Vice President – Private Equity in November 2012 and is responsible for managing the private equity fund administration operations and assisting with product and business development efforts. Most recently, Scott served as Head of JP Morgan Private Equity & Real Estate Services (JPM Bermuda) and legal entity director. Before closing its offices in November, 2012, JPM Bermuda was a fund administration company established and licensed in Bermuda in 2007 providing comprehensive private equity fund administration services to investment managers with both offshore and onshore funds and other cross border structures. Scott has over 19 years of fund industry experience having previously worked as Head of Private Equity Fund Services for Schroders Bermuda, which was purchased by JPM Bermuda in 2010.

Scott joined Schroders Bermuda in 1996 where he gained extensive experience in fund administration and was responsible for overseeing the fund accounting, investor services, audit and Net Asset Value preparation for global clients. He was also responsible for managing all new client implementations from an operational perspective and for establishing standards, controls and procedures for the Bermuda operations.

Prior to joining Schroders Bermuda, Scott worked as tax senior in the investment group of KPMG and is a CPA.


Operations Staff

Sonja Forester, Group Manager

Sonja joined IKONIC Fund Services Ltd. (IFSL) in October 2012 as a Group Manager – Private Equity with overall responsibility for managing a group of staff providing accounting and investor services to a portfolio of clients. Prior to joining IFSL, Sonja was a Fund Accountant – AVP at JP Morgan Private Equity & Real Estate Services (”JPM Bermuda”) serving in that capacity since 2007. JPM Bermuda was a fund administration company established and licensed in Bermuda to provide comprehensive fund administration services to investment managers with both offshore and onshore funds and other cross border structures but closed its offices in November 2012. At JPM Bermuda, Sonja was responsible for managing a team who service a wide variety of complex private equity fund structures for a portfolio of clients. She was responsible for preparing and reviewing the books and records for a number of clients; including quarterly reporting and preparation of regulatory statements in accordance with US GAAP and IFRS.

Prior to joining JP Morgan, Sonja worked for Citi Hedge Fund Services as a Senior Fund Accountant from 2005 to 2007 where she was responsible for reconciling cash and broker positions, calculating net asset values, preparing financial statements and assisting with annual audits.

Sonja’s earlier experiences include working at Coopers & Lybrand John Hunt & Co., the Central Bank of Trinidad and Tobago and the AIC Financial Group.

Sonja is a FCCA and graduated from the University of the West Indies with a B.Sc. in Economics.

Sally Pile, Group Manager

Sally joined IKONIC Fund Services Ltd. (IFSL) in September 2012. She has overall responsibility for providing fund accounting to a portfolio of clients and operational support. Her role incorporates both the coordination and review of client deliverables.

Sally has worked on a full range of fund accounting and administration services for Private Equity funds. In addition to this Sally has worked on administering Insurance Linked Securities and funds which invest in them. This includes fund administration, accounting services specific to Insurance Linked Securities, investor services, and providing support to clients on best practices for establishing ILS fund structures.

Prior to joining IFSL, Sally was a Fund Accountant at JP Morgan Private Equity & Real Estate Services and served in that capacity since 2011. JPM Bermuda was a fund administration company established and licensed in Bermuda to provide comprehensive fund administration services to investment managers with both offshore and onshore funds and other cross border structures. Sally was responsible for servicing a wide variety of complex private equity fund structures for a portfolio of clients. She was responsible for preparing and reviewing the books and records for a number of clients; including quarterly reporting and preparation of regulatory statements in accordance with US GAAP and IFRS.

Prior to joining JP Morgan, Sally worked for PricewaterhouseCoopers from 2007 to 2011. She was employed in the assurance department and has worked in both the UK and Bermuda offices. She was responsible for managing teams and was promoted to manager in 2011.

Sally graduated from the University of Exeter with a BA (Hons.) in Accounting and Finance. She is a member of the Institute of Chartered Accountants in England and Wales and is a Certified Fraud Examiner. Sally is currently studying towards the Associate in Reinsurance qualification.

Rachel Davis, Group Manager

Rachel joined IKONIC Fund Services Ltd. (IFSL) in October 2014 as a Group Manager with overall responsibility for managing a group of staff providing fund accounting services to a portfolio of clients. Prior to joining IFSL, Rachel held Account Manager and Fund Accountant roles with Fund Administrators and Fund Managers in New York, Cayman and New Zealand.

Rachel is a member of the Association of Chartered Certified Accountants and graduated from Dublin City University with a Bachelor of Business Studies and a Postgraduate Diploma in Information Technology.

Arlene Heath-London, Senior Account Manager

Arlene joined IKONIC Fund Services Ltd. (IFSL) in January 2010 with overall responsibility for providing fund accounting and investor services to a portfolio of clients. Arlene has over 14 years’ experience in the areas of accounting, audit and financial services. Arlene joined IFSL from Citigroup Fund Services, Bermuda, a hedge fund administration division of Citigroup Fund Services (Citigroup), where she was a Senior Fund Accountant responsible for the accounting for hedge funds. Prior to joining Citigroup, she worked as an Auditor Senior at Ernst & Young, Barbados, a leading professional services firm.

Arlene is a Chartered Accountant and a Member of the Institute of Chartered Accountants in Guyana.

Donnell Steede, Senior Account Manager

Donnell joined IKONIC Fund Services Ltd. (IFSL) in January 2012 as a Senior Account Manager with overall responsibility for providing fund accounting and investor services to a portfolio of clients and reviewing the work of other fund accountants and investor services administrators. Donnell has 17 years’ experience in the areas of accounting, audit, share registration and financial services. Prior to joining IFSL, Donnell worked at BCB Fund Services, a subsidiary of the Bermuda Commercial Bank Limited (BCB), where she was an Accounting Manager responsible for the management and operations of the accountant and share registration team. Prior to joining BCB, she worked as an Account Manager for Citigroup and JP Morgan. Donnell began her career at Butterfield Fund Services Limited where she gained valuable knowledge and experience in fund administration, also attaining her Masters of Business Administration.

Jason Michel, Senior Account Manager

Jason joined IKONIC Fund Services USA, Inc. (IFSL) in September 2013 and is responsible for providing fund accounting and investor services to a portfolio of clients. Jason has over seven years of experience in alternative investment accounting that he gained working with JD Clark & Company (now UMB Fund Services), another fund administrator based in Ogden, Utah, prior to joining IFSL. Jason has experience working with hedge funds, funds of funds, private equity funds, and many forms of equities and derivatives.

Jason graduated from the University of Utah in December 2007 with a Bachelor of Science in Accounting and received a Master of Business Administration from Brigham Young University in July 2014.

Jennifer Lucarini, Senior Fund Administrator

Jennifer joined IKONIC Fund Services Ltd. in February 2011 as a Senior Fund Administrator with overall responsibility for providing Investor Services to a portfolio of clients and their investors. Jennifer has 19 years’ experience in the offshore fund industry having started her career with WW Asset Management, an investment management company that provides advice and management services to offshore investment companies.

During her years at WW Asset Management, Jennifer worked as a liaison between Directors, offshore administrators and overseas and local banks. She was responsible for maintaining the share register and share transfers for various funds.


Kelly Simons, Senior Fund Administrator

Kelly joined IKONIC Fund Services (IFSL) in November 2012 as a Senior Fund Administrator with overall responsibility for providing investor services to a portfolio of clients and their investors. Prior to joining IFSL, Kelly worked as an Investor Services Specialist at JP Morgan Private Equity & Real Estate Services (JPM Bermuda). JPM Bermuda, was a fund administration company established and licensed in Bermuda to provide comprehensive fund administration services to investment managers with both offshore and onshore funds and other cross border structures. Kelly has over 20 years of fund administration experience having previously worked as Lead Specialist Investor Services for Private Equity Fund Services, Schroders Bermuda, which was purchased by JPM Bermuda in 2010.

Kelly joined Schroders Bermuda in 1993 where she gained extensive experience in the investor services side of the fund administration and was responsible for database management and document distribution for Private Equity investors. She also provided account assistance to the Fund accountants, including processing wire payments, recording daily cash transactions and preparing monthly bank reconciliations. She was also responsible for maintaining all cost and billing records for the Bermuda operations.

Prior to joining Schroders Bermuda, Kelly worked as an Administrator at Ernst & Young in Bermuda.

Moses Mufandaedza, Senior Fund Accountant

Moses joined IKONIC Fund Services Ltd. (IFSL) as a Senior Fund Accountant in 2008 and has overall responsibility for the provision of fund accounting and investor services to a portfolio of clients. In this role, Moses is responsible for managing the client relationship, preparation and analysis of financial statements, provision of assistance to auditors and other fund participants and advisers and other ad hoc tasks as required. Moses has over nine years’ experience in the areas of accounting, audit, tax and financial services.

Prior to joining IFSL, Moses worked at PricewaterhouseCoopers, Bermuda, a leading professional services firm, where he was a senior associate in the Private Company Services group responsible for Audit & Assurance. Whilst at PricewaterhouseCoopers, Moses also assisted in the managing of business, financial and controls risk.

Prior to joining PricewaterhouseCoopers, Moses worked as an Audit & Assurance Manager in Zimbabwe and he is a Chartered Accountant and a Member of the Institute of Chartered Accountants of Zimbabwe.

Robert Bagalacsa, Senior Fund Accountant

Robert joined IKONIC Fund Services Ltd. (IFSL) as a Senior Fund Accountant in 2014 and has overall responsibility for the provision of fund accounting to a portfolio of clients. In this role, Robert is responsible for managing the client relationship, preparation and analysis of financial statements, provision of assistance to auditors and other fund participants and advisers and other ad hoc tasks as required. Robert has over 12 years’ experience in the areas of accounting, audit, tax and financial services.

Prior to joining IFSL, Robert worked as an Audit Senior at Moore Stephens & Butterfield Bermuda where he handled reinsurance and financial services companies. Robert also worked at Ernst & Young Oman, where he was a Senior Consultant in the Advisory Group and a Member of Institute of Internal Auditors.

Prior to working abroad, Robert worked as an Audit & Assurance Senior at BDO Philippines and he is a Certified Public Accountant and a Member of the Philippine Institute of Certified Public Accountants.


Justin Bregman, Senior Fund Accountant

Justin joined IKONIC Fund Services USA, Inc. (IFSL) in August 2014 and is responsible for providing fund accounting and investor services to a portfolio of clients. Justin has over seven years of experience in accounting, audit, and financial services. Prior to joining IFSL, Justin worked at Grant Thornton, where he was an Audit Manager in the Financial Services practice.

Justin graduated from the University of North Carolina at Chapel Hill with a B.S. in Business Administration and a B.A. in Economics, and received a Masters of Accounting from the University of North Carolina at Chapel Hill. Justin is a Certified Public Accountant and a Member of the American Institute of Certified Public Accountants.

Benny Thomas, Senior Fund Accountant

Benny joined IKONIC Fund Services Ltd. (IFSL) in August 2014 as a Senior Fund Accountant and has overall responsibility for the provision of fund accounting to a portfolio of clients. In this role, Benny is responsible for managing the client relationship, preparation and analysis of financial statements, provision of assistance to auditors and other fund participants and advisers and other ad hoc tasks as required. Benny has 8 years’ experience in the areas of accounting and financial management.

Prior to joining IFSL, Benny worked at Bermuda Investment services Ltd (BIAS), where he was management accountant responsible for management and financial statement preparation, budgeting and NAV reconciliation and review. Prior to joining BIAS, he worked as senior accountant at The Reefs Beach Club Limited Bermuda.

Benny is a Chartered Accountant and began his career at George, John and Prabhu Chartered Accountants –India.

Bill Connell, Senior Fund Accountant

Bill Connell, a CPA, joined IKONIC Fund Services USA, Inc. (IFSL) in May 2015 and is responsible for providing fund accounting and investor services to a portfolio of clients. Bill has over five years of experience in accounting, audit and financial services. Prior to joining IFSL, Bill was a Senior Fund Accountant at Citco Fund Services and also developed and managed a personal options trading system.

Bill graduated from Boston College with a BA in Economics, and received Master of Science degrees in Accounting and Finance from Fairfield University. Bill is a Certified Public Accountant and a Member of the American Institute of Certified Public Accountants.

Melissa Ferrer, Senior Fund Accountant

Melissa joined IKONIC in April 2015 as a Senior Fund Accountant with responsibility for the provision of fund accounting services to a portfolio of clients. As part of this role, Melissa is responsible for managing the client relationship, preparation and analysis of financial statements, provision of assistance to auditors and other fund participants and advisers and other ad hoc tasks as required. Melissa has over ten (10) years’ experience in the areas of accounting and financial management.

Prior to joining IKONIC, Melissa worked in Bermuda as a Senior Auditor in the Asset Management Group of PricewaterhouseCoopers and, most recently, as a Senior Accountant at the Consolidated Group of Companies. In these roles, she had significant exposure to audit, accounting and financial reporting for hedge funds, fund of funds and investment companies that report under IFRS as well as US and Canadian GAAP.

Prior to working in Bermuda, Melissa gained audit experience at Ernst & Young in Dubai and Punongbayan & Araullo Audit Firm in the Philippines with clients ranging from banks, retailer, hotels and manufacturing companies.
Melissa is an honors graduate with a Bachelor of Science in Accountancy from the University of Pangasinan, Philippines. Melissa is a Certified Public Accountant and a member of the Philippine Institute of Certified Public Accountants.

Jeffrey Sanders, Senior Fund Accountant – Private Equity

Jeff Sanders, a CPA, joined IKONIC in August 2015 and is responsible for providing fund accounting and investor services to a portfolio of private equity clients. Jeff has over two years of experience in accounting and audit. Prior to joining IKONIC, Jeff was a Senior Associate at McGladrey LLP.

Jeff graduated from the University of South Carolina with a BA in Finance, and received a Master of Science degree in Accounting from Appalachian State University. Jeff is a Certified Public Accountant and a Member of the American Institute of Certified Public Accountants.

Lynniece Robinson, Manager Coporate Services

Lynniece L. Robinson joined IKONIC Fund Services Ltd. in July 2008 and is responsible for managing the Company’s Corporate Services Department which is dedicated to the provision of corporate secretarial and regulatory compliance services to funds, companies, partnerships and unit trusts that are domiciled in Bermuda, Cayman Islands, and the British Virgin Islands. Lynniece has been instrumental in building the infrastructure of the department including managing ViewPoint, the Company’s corporate database system. At the same time, Lynniece has her own extremely active portfolio of clients which largely involve infrastructure funds.

Lynniece has extensive corporate knowledge and experience having previously worked at The Bank of Bermuda Limited (a member of the HSBC group) for 21 years and earned successive promotions in HSBC Securities Services, Management Services Department to the position of Deputy Manager where she was responsible for managing a team of administrators who provided corporate governance and administrative services to a wide range of Bermuda, Cayman and British Virgin Islands investment vehicles to which she was the named Company Secretary.


Janice Haskins, Company Secretary, Corporate Services

Janice L. Haskins joined IKONIC Fund Services Ltd. (IFSL) in August 2008 and is responsible for the corporate administration of a growing portfolio of offshore funds, including inter alia, hedge funds, Insurance Linked Securities funds, management and investment holding companies domiciled in Bermuda, Cayman and BVI. Janice also assists Senior Management with the Corporate Governance framework and special projects.

Prior to joining IFSL, Janice worked at The Bank of N.T. Butterfield & Son Limited for 20 years as a documentation analyst and earned successive promotions to the position of Vice President of Policies and Procedures Department, of the Enterprise Risk Management Division. As Vice President, Janice was responsible for managing a team who provided Group-wide policies, assisted various jurisdictions to develop standardised procedure manuals and assisted the President and Chief Operating Officer with corporate governance for internal bank committees within Butterfield Group, consisting of businesses in Bermuda, Cayman, Barbados, the Bahamas, the United Kingdom, Guernsey, Switzerland, Malta and Hong Kong.

Ann Trott, Company Secretary

Ann M. D. Trott joined IKONIC Fund Services Ltd. (IFSL) in May 2014 and is responsible for the provision of corporate administration to a growing portfolio of offshore infrastructure funds, management companies and investment holding companies domiciled in Bermuda and Cayman.

Ann has more than 16 years’ experience in the corporate administration services industry starting her career with Appleby Spurling & Kempe where she supported the Manager of Corporate Administration; and subsequently, held the role of Corporate Applications Administrator which role was responsible for the management and user development of the ViewPoint Administrator application, a corporate secretarial database currently utilized by IKONIC.

Immediately prior to joining IFSL, Ann worked for HSBC Bank Bermuda Limited for 9 years and earned successive promotions in HSBC Securities Services in a variety of roles including corporate administrator, team leader & support trainer and most recently as manager of the Cross Border Services Department. Her early experience was based working on companies incorporated and regulated under Bermuda law, and more recently, entities formed and regulated in the Cayman Islands. Throughout her career, she utilized her knowledge of ViewPoint both from a system administrator and training perspective.

Ann has received her Diploma in Offshore Finance and Administration (DipICSA) from The Institute of Chartered Secretaries and Administrators and Diploma in International Trust Management from Society of Trust and Estate Practitioners (STEP).

Lucy Adrain, Financial Accountant

Lucy joined IKONIC Fund Services Ltd. (IFSL) in May 2015 as the Financial Accountant and is responsible for assisting with the financial control of IFSL reporting directly to the Chief Operating Officer/Chief Financial Officer. Lucy has 6 years’ experience in the area of financial accounting.

Prior to joining IFSL, Lucy worked at PricewaterhouseCoopers, Bermuda, a leading professional services firm, where she was a senior associate in the Asset Management group responsible for Audit and Assurance.

Lucy is a Chartered Accountant and a member of the Chartered Accountants in Ireland. She graduated from the University of St Andrews with a Bachelor of Science in Mathematics.


Alvina Brangman, Office Manager

Alvina joined IKONIC Fund Services Ltd. (IFSL) in April 2014 and is responsible for organising and supervising all of the administrative activities of the Company in addition to providing administrative support to the Senior Management Team, managing accounts payable in addition to other administrative and clerical tasks. Alvina reports directly to IFSL’s Associate Director.

Alvina has over 10 years’ experience in the areas of financial and management accounting, having previously worked as a financial accountant at FX Concepts (Bermuda) Limited, a Bermuda based investment management company. Alvina previously worked as a financial accountant at Citigroup Fund Services Ltd., Bermuda.



Our staff are proud to be donors and supporters of The ADARA Group, an international development organization. The purpose of the ADARA Group is twofold:

  • Firstly, always with humility, to work side by side with children and communities in remote areas in Nepal and Uganda to improve their lives through health, education and other community development projects.
  • Secondly, to change the way people think about the role of business in the world, and the power of business/non-profit partnerships.

To learn more or to help support the work of The ADARA Group, please explore www.adaragroup.org.


Please find below some comments from our clients and their service providers that reflect the quality of our employees and our overall committment to excellent client service:

$60M Long Short US Manager

"I could not recommend anyone more highly. The IKONIC people are wonderful to work with"

One of our client's auditors on our financial statement service

"It was a pleasure working with IKONIC on the audits! Thanks so much for all your help with everything!"

CFO of $750M hedge fund response to our request to complete the annual Global Custodian Survey

"I understand the importance for you and appreciate all the hard work everyone at IKONIC does. Eventhough, I don't normally do it for other providers; I always respond to this survey for IKONIC."

COO of $300M hedge fund response to hearing our 4th place ranking on the Global Custodian Fund Administration Survey

"Many congratulations to you and your entire team. This recognition is thoroughly well deserved and the way you do business makes it very easy for us to say positive things about IKONIC."

CFO of $50M Hedge Fund response to our high ranking in another Global survey

"Wow! This is impressive…and well deserved! Thank you for sharing the results with me. We are indeed privileged to be your partner."

Comment from a client's employee that was leaving a $400M Fund of Hedge Fund group

"Also wanted to say farewell - as today is my last dayl. Thank you all for educating me on the hedge fund business. You are all the greatest at what you do! I've so enjoyed working with you over the past 4 years. I hope our paths cross again in the future."

Comment from one of our client's auditors on our audit support

"I am the audit manager on one of our mutual clients. First, I'd like to say that I have never worked with an administrator who is as thorough or as responsive as IKONIC"

Private Equity client comments on our pre-launch services

"We launched a new private equity fund this year and appointed Isis Funds to provide administration and corporate governance. Simply put, we could not have done it without them. Their knowledge of all the administration areas along with their flexible, problem-solving approach made the operational side of our fund set-up practically seamless. They also opened their rolodexes to introduce us to other service providers that had expertise in our area. From top to bottom they are highly competent, professional, and fun people to work with. True partners"

 

 

IKONIC Fund Services awarded "Best Administrator - Fund of Hedge Funds Under $30bn" and highly commended "Best Administrator - Hedge Funds Under $30bn" at the 2015 HFM Service Provider Awards.



 

 

IKONIC Fund Services awarded "Best Administrator - Fund of Hedge Funds Under $30bn" at the 2014 HFM Service Provider Awards.

Services | TechnologyNewsDemos | Contact

Global Sales 1-704-927-1860

Bermuda 1-441-295-8282 | Charlotte 1-704-927-1859 | Cayman 1-345-769-6690

Licensed by the Bermuda Monetary Authority under the Investment Funds Act 2006