Veteran investors launch Eighteen48 Partners, a next-generation private investment office
Co-founders Julien Sevaux and Tarek AbuZayyad today announced the launch of Eighteen48 Partners
21 November 2019
Knox House Trust (KHT) is delighted to announce that Patrick McCarrick has been appointed Managing Director (MD). He will lead the award-winning Isle of Man Trust and Corporate Service Provider as it embarks on exciting plans to expand into new international jurisdictions. His appointment has not only been welcomed by the Knox House Trust management team, but also by the management of the wider Knox group of companies that KHT is part of.
Patrick has over 26 years of financial services experience and joined the business in 2016 as Head of Risk & Compliance. He was appointed to the KHT Board in 2018, and has been involved with the strategic growth of the business, including the development of services in the Far East.
Commenting on his new role, Patrick said: “My appointment comes at an exciting time for KHT, and I am delighted to lead the business into its next phase. Having explored the opportunities that exist in other regions, I am confident that KHT, together with the wider group, offers both clients and advisers a compelling proposition that enables us to differentiate ourselves. Following a strategic review of the business, we have strengthened the team with a number of key promotions and new appointments that focus on core business areas. I very much look forward to working collectively with the team and to the opportunities that lie ahead.”
Patrick takes over the role from Anthony Page, who, as one of the Founding Directors of KHT, has played a pivotal role in the growth and development of the business since its inception.
Anthony remains on the Board of Directors, but will focus his attention on Family Office client relations. This change supports the need for Family Offices to adapt and evolve in today’s ever-changing environments (business and political). In particular, Anthony will be heading up a dedicated private office supported by Rebecca Duke. Rebecca was recently promoted to Manager – Family Office as part of the firm’s strategic review.
Further strengthening the Senior Team at KHT is the appointment to the Board of Voirrey Coole. Voirrey has over 20 years of experience within the fiduciary services industry. Originally joining KHT in 2013, she later returned in 2017 to head up the Private Client and Operations side of the business. Voirrey also undertakes the company secretarial responsibilities for KHT.
Deputy Chairman of the Knox group of companies and KHT Board Member, Tim Eve said: “The client’s needs remain the driving force behind what we do, and these changes support that ethos. We are excited for the coming months as the significant plans Anthony and Patrick have helped to shape come to fruition. Business is ever-changing and we work hard to regularly review our business models to ensure we continue to evolve with the times and remain an attractive proposition to a diverse audience.”
Further promotions within the KHT business include; Richard Kides (Head of Risk & Compliance), Tarryn Boland-Porter (Manager - Marine & Aviation) and Becca Blane (Manager - Private Clients).