dms Management Ltd. Announces New Director

GEORGE TOWN, Grand Cayman July 8 /PRNewswire/ -- dms Management Ltd. (DMS), the largest management firm in the Cayman Islands focused on serving the hedge fund industry, is proud to announce that Don Ebanks has been appointed Director. As one of the principals of DMS, Mr. Ebanks will serve as an independent director of hedge funds and other alternative investment vehicles, drawing on his extensive experience in asset management, financial regulation and corporate restructuring.

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Don Seymour, DMS Managing Director, commented "We are delighted to welcome Don to our team to meet growing client demands for the professional fund governance methodology offered by DMS.  His outstanding capabilities will complement our already exceptional group of directors whom have been internationally recognized as industry leaders by serving some of the most notable names in the hedge fund industry during the last decade. We look forward to his continued outstanding contributions to our client and industry community."

Prior to joining DMS, Mr. Ebanks served in a number of high-profile positions. He was the Managing Director of Ernst & Young, insolvency and restructuring practice group in the Cayman Islands, and also worked in its London office. Before that, he was the Head of Compliance of the Cayman Islands Monetary Authority (CIMA) where he created the Compliance Division and was instrumental in developing the compliance framework for the CIMA.  Prior to this appointment, he served as the Deputy Head of the Investment Services Division of the CIMA.

Mr. Ebanks began his career with Coutts & Co. before moving to Barclays Private Bank in the Cayman Islands, serving as a portfolio manager at both institutions. A member of the Cayman Islands Compliance Association, Mr. Ebanks holds a Master of Arts degree in Economics from the University of Western Ontario.

DMS is the largest management firm in the Cayman Islands focused on serving the hedge fund industry. Its principals serve as independent directors, advise hedge funds in distressed conditions, and structure and service offshore hedge fund business solutions. With ten principals and more than 40 industry professionals leveraging proprietary leading-edge technology, DMS is the most professional firm in fund governance and its reputation as the industry leader is internationally renowned.

For more information on this press release, please contact Nainna Leader, Business Development, at 345-749-2570 or [email protected]

SOURCE dms Management Ltd.

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