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INDOS Financial opens second UK office

INDOS Financial Limited is expanding its UK operations with the opening of a new operations centre in Fareham, Hampshire.

Headquartered in London since launch in 2012, INDOS has firmly established itself as the leading independent alternative investment fund depositary and oversight service provider, servicing over 115 funds across 75 clients. The business now employs 30 staff across three offices in London, County Wexford in Ireland, and Fareham.
 
The Fareham office, led by Emily Mackay (pictured), will become a core operational hub for the business, performing depositary oversight over private equity and real estate funds. The expansion is due to continued strong demand for the company’s services in this market sector. INDOS is seeking to emulate the success of its Irish operational hub, which focuses on hedge fund oversight, in a regional location. Fareham was selected due to the availability of a skilled workforce and good transport links to London and the Channel Islands, where many clients and firms with whom INDOS interacts are located.  
 
INDOS founder and CEO Bill Prew says: “We are delighted to set up the new office in Fareham. We have already attracted an excellent team of 5 staff and expect to double that number in the next 12 months.”
 
Mackay is a qualified accountant with over 12 years’ experience gained in accounting and audit roles including six years in fund administration servicing real estate, hedge funds, aircraft leasing, debt and private equity funds.

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