Skip to main content

This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.

BSX Announces New Listing Sponsor

Hamilton, Bermuda – 13 May, 2011 – The Bermuda Stock Exchange (“BSX”) is pleased to announce that Prime Management Limited has joined the BSX as a Listing Sponsor, effective 09 May, 2011.

 

Since 1997, Prime Management Limited (“Prime”) has been providing high quality fund administration services to onshore and offshore hedge funds engaging in a multitude of investment strategies. Prime is a true independent administrator with a strong culture of compliance.  Prime is licensed and regulated as a fund administrator by the Bermuda Monetary Authority under the Investment Funds Act 2006 and has successfully completed a SAS 70 Type II Review Certification. Prime’s independence and focus on delivering efficient service with integrity make it the partner of choice for discerning investment managers.

 

John Whiley, Head of Prime’s specialized collateralized reinsurance and risk-linked investment (“RLI”) services group stated, “Prime is pleased to have joined the BSX as a Listing Sponsor. Prime has been servicing the specialized requirements of investment structures, sponsors and managers in the collateralized reinsurance and RLI market since 2002. Our ability to act as listing sponsor to Catastrophe Bonds and investment structures devoted to the RLI market will greatly enhance the scope of our product offering to our RLI clients and demonstrates our commitment to being the top administrator servicing the RLI market.”

 

In making the announcement, BSX CEO Greg Wojciechowski stated, “We are delighted to welcome Prime to the Bermuda Stock Exchange. We firmly believe that this alliance will further strengthen and enhance our respective lines of business as well as demonstrate the vibrancy and future growth potential of the insurance linked securities market in Bermuda.”

 

As a BSX Listing Sponsor, Prime has the ability to sponsor applications for new listings on the BSX for a variety of securities including investment funds, insurance linked securities including catastrophe bonds, other fixed income securities, depository receipts, as well as the secondary listing of equities.

 

Further details concerning the latest addition to the BSX family of Listing Sponsors can be found via their web-site, http://www.primebermuda.com/