Alan Kelly, FCCA
Executive Director
Alan Kelly is an independent director based in the Cayman Islands. Alan’s practice includes a broad range of hedge, private equity, and venture capital funds across multiple product lines for varying investment structures and strategies.
A chartered certified accountant, Alan has extensive experience in fund-related governance matters, including providing oversight and guidance for new fund launches, including reviewing key fund documentation and agreements, overseeing internal controls and operating procedures and monitoring the performance of fund service providers. In his capacity as independent director, Alan leads board meetings, oversees financial reporting and ensures full regulatory compliance. In addition, Alan is a registered director with the Cayman Islands Monetary Authority (CIMA).
Alan joined Waystone from Intertrust (Cayman) Ltd., where, as Vice President, he was responsible for a portfolio of open-ended hedge fund and private equity fund clients and managed a team of accountants across a wide variety of funds.
Skills and experience
- Serving as an Independent Director on a number of fund structures; Segregated Portfolio Companies (SPCs), Stand Alone, Master Feeder, GP/LP and Limited Liability Companies.
- Serving on boards of a number of fund structures with long/short equity strategy focused on various sectors, predominantly technology, financial services and energy as well as various geographies, predominantly US or emerging markets.
- Representing multi-strategy fund focusing on emerging market credit and macro opportunities worldwide managed by a leading UK investment management firm with over $1.75+ billion AUM.
- Representing long/short equity funds with $1.3+ billion AUM managed by a large US based firm that provides investment advisory services to institutions and high net worth families.
- Representing a General Partner to a Partnership investing in sustainable power projects managed by a US based investment management firm with over $3.5+ billion AUM.
- Representing a Global Macro fund managed by a leading Hong Kong investment management firm with over $1+ billion AUM.
- Representing various multi-strategy funds with $620m + AUM managed by leading Mexican investment management firm.
- Representing a real estate fund managed by established US based investment management firm with over $300m+ AUM.
- In-depth knowledge and experience in net asset valuation calculations and reporting for hedge funds.
- Experience in fund structures, including multi series funds and partnerships. Extensive experience in management and incentive fee calculations.
- Experienced in registrar and transfer agency services. Knowledge of numerous capital and fund structures with working experience in anti-money laundering and compliance procedures.
- Experienced in audit processes, procedures and reporting and with a knowledge of auditing and accounting standards.
- Hedge funds
- Private equity funds
- Venture capital funds
- Fund of funds
- Distressed situations
- Special Purpose Vehicles
- Partnerships
- Advisory committees
- Intertrust Cayman Limited, Vice President, 2003 – 2015
- Aon Insurance Managers, Cayman Islands, Account Manager, 2000 – 2002
- Citibank N.A, Dublin, Deputy Financial Controller, 1996 – 2000
- Chartered Certified Accountant, Dublin Business School, Dublin, Ireland
- Accounting Technician, Dublin Business School, Dublin, Ireland
- Member of the Cayman Islands Directors Association (CIDA)
- Registered Director with the Cayman Islands Monetary Authority (CIMA)
- Fellowship of the Association of Chartered Certified Accountants (FCCA)
- Member of the Association of Accounting Technicians (AAT)
