Two independent directors strengthen Paradigm Governance team

Paradigm Governance Partners, a governance and financial services firm with a presence in the Cayman Islands and New York, has further bolstered the depth of its services by adding two experienced independent directors to its growing team.

Michelle O’Mahony joins from the Maples Group where, for the past ten years, she served as an independent director on a wide range of alternative investment funds including hedge funds, fund of funds, segregated portfolio companies, private equity vehicles and related structures. O’Mahony also administered a portfolio of private wealth and unit trust clients.

Before this, she was a tax manager at Deloitte in the Cayman Islands specialising in taxation services to hedge funds, private equity funds, US Corporations, structured finance entities and other hybrid alternatives established in the Cayman Islands.

O’Mahony’s experience also includes the provision of audit and advisory services to a wide range of alternative investment funds. She also worked as an accounts officer at First Caribbean International Bank in the Cayman Islands responsible for the review and analysis of applications for commercial real estate, business loans and lines of credit for high-net-worth individuals and businesses.

Neil Gray will be available to serve as a professional independent director on the boards of both open ended and closed ended funds in addition to Investment Special Purposes Vehicles and other corporate structures.

Gray has acted as a director to Cayman Islands companies for more than 15 years and has over 30 years’ experience in the financial services industry, 26 years spent offshore. He sits on a broad range of open and closed ended funds with strategies including equity, credit, quantitative, fund of funds, special situations, private equity and real estate. He has extensive experience and knowledge of hedge fund governance, operations, fund administration and regulatory risk management. He also acts as a director on a number of other corporate structures.

Prior to Paradigm, Gray spent 26 years at Intertrust Cayman where he acted as a professional independent director inclusive of his time with Intertrust Cayman’s Ironstone Global Solutions (Cayman).

Paradigm Governance Partners was launched in 2018 in the Cayman Islands on the back of the growth in demand for premier quality fiduciary services. Its offering includes independent directors, distressed fund and value recovery services, family office outsourced solutions, AML compliance solutions, board support, AEOI reporting and economic substance solutions. Its directors provide complementary skillsets ranging across all aspects of the alternative investment industry, including risk management, legal, regulatory, audit, accounting, compliance, valuation, trading and recovery.

Geoff Ruddick, partner of Paradigm Governance Partners, said:

“We are delighted to have two individuals with their respective track records and qualifications in the Cayman Islands hedge fund community join Paradigm. Given her dedicated client service focus, skill set, and multi-disciplinary experience Michelle was an obvious choice for us at Paradigm. Equally, Neil is an established figure in the governance space and a recognized thought leader. Neil will add further depth to our team of highly experienced and diverse governance professionals.”

Michelle O’Mahony commented:

“To join such a highly regarded organisation as Paradigm with its best-in-class leaders and colleagues is tremendously exciting for me. The firm’s leaders are renowned as consummate professionals and leaders in their field of governance and fiduciary services. I look forward to working with them and the larger team of Paradigm colleagues in delivering a superior client service offering using my many years of broad experience across the Financial Services Industry in the Cayman Islands. Paradigm is a dynamic, innovative, and growing firm. This is directly due to the value add that it is brings, relentlessly, to its clients and their needs and is exactly what attracted me to the Paradigm team.”

Neil Gray added:

“I am delighted to be joining such a well-recognized and forward-thinking independent fund governance firm where I feel that I will complement their existing deep bench of talented fiduciary professionals. Paradigm’s core governance values and having a passion for governance mirror my own values closely. Now more than ever it is critical for entities to appoint seasoned, knowledgeable proactive directors who can help clients navigate through the ever more complex regulatory environment. The provision of high-quality governance services is in the DNA of Paradigm, and I am delighted to be joining the Paradigm family.”