Oyster Consulting Appoints Allen Foley
Oyster Consulting [Bermuda] Ltd announced that Allen Foley has joined the financial services consulting firm. As a Senior Consultant, Allen will act as a corporate director, consultant on AIFMD, and provide guidance on regulatory compliance and stock exchange listings and trading.
Mr. Foley brings more than a decade of management expertise in international financial services. In addition to setting up and serving as Executive Director of DMS Offshore Investment Services [Europe] SáRL, he has provided guidance as a director and fund product consultant with MDO Management Company and compliance coordinator for Bermuda Stock Exchange [BSX]. He also has deep experience working with hedge fund accounting.
“Allen brings a wealth of experience and knowledge in many different areas which will complement the existing suite of services provided within the Bermuda market,” explains Alison Morrison, Oyster Consulting [Bermuda] Managing Director.
“He will also provide additional expertise to firms who are looking at the European market. Together with our US-based operation, Oyster Consulting LLC, we are able to provide comprehensive regulatory expertise in multiple jurisdictions.
Mr. Foley will help Oyster Consulting’s clients proactively run and manage their investment businesses, providing strategy and structure that support long-term success and day-to-day confidence.
Mr. Foley said, “Today, enhanced corporate governance, AIFMD, compliance and risk management are the standards at the forefront of the minds of regulators, investors and investment managers alike. I am pleased to be working with a firm whose capabilities are focused on delivering solid results based upon experience, to offer practical solutions to the financial industry.”
“We are thrilled to have Allen join Oyster, and look forward to the contributions he will be making to our team,” added Rob Hall, founding principal of Oyster Consulting LLC in Richmond, Virginia. “His expertise in international fund management will enhance the services we offer to our Bermudian clients.”
