Solas Fiduciary Services

What Solas Fiduciary Services does

Solas Fiduciary Services Pte. Ltd. is a privately-held fiduciary services firm founded in April 2016 and headquartered in Singapore, providing independent non-executive directorships and corporate governance services to alternative investment vehicles. Its core offerings consist of three integrated service lines: independent directorships for funds, holding companies, and special purpose vehicles across six jurisdictions (Singapore, Hong Kong, Cayman, Dubai, BVI, and Bermuda); professional board support including meeting agenda preparation, conference line facilitation, and minute distribution for EGMs and AGMs; and customised consultation covering service provider selection, tax and fund structuring, document review, due diligence, regulatory analysis, and M&A guidance.

The firm operates with a small team (1-10 employees) across three regional offices in Singapore (36 Robinson Road, #12-05, City House), Hong Kong (Suite 1506, 15/F, The L Plaza, 367-375 Queen's Road Central), and Dubai (Level 02, Innovation One, DIFC). Directors typically hold 15+ years of senior experience across public accounting, fund administration, and asset management, with Mandarin-speaking coverage offered to support the Greater China market. Differentiators cited include fully independent status with no conflicts of interest, multi-jurisdictional regulatory relationships, and the ability to facilitate substance requirements for onshore Singapore, Hong Kong, and Dubai vehicles.

Solas generates revenue through professional service fees for directorship roles (typically structured as recurring retainers covering ongoing governance), board support engagements, and governance advisory mandates. Go-to-market is direct enterprise sales to fund managers, asset management firms, SPVs, holding companies, and fintech firms in the alternative investment space, supplemented by thought-leadership content, webinars, industry-event participation, and PR. The company's most significant strategic actions include its 2019 Hong Kong expansion, the 2020 strategic partnership with OP Investment Management (OPIM), and the December 2025 establishment of a Dubai office anchored by the appointment of Craig Roberts as Independent Director.

Name

Solas Fiduciary Services

Legal name

Solas Fiduciary Services Pte. Ltd.

Website

https://solasfs.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Solas Fiduciary Services is a Singapore-headquartered independent fiduciary firm providing non-executive directorships, board support, and governance advisory to fund managers, SPVs, holding companies, and fintech firms across Singapore, Hong Kong, Cayman, Dubai, BVI, and Bermuda.

Ownership category

akta.pro rank

Product category

Fiduciary Services

NAICS

Trust, Fiduciary, and Custody Activities (523991)

akta.pro industry

PRIMARYFSAAANAL

Fiduciary Agency & Trustee-for-Hire Services

Financial & Insurance/Asset & Wealth Management/Trust & Fiduciary Services (Trust Companies, Estate & Custody Trusts)

SECONDARYFSAAAGAJ

Institutional Consultants & Fiduciary Management (Investment Consulting)

Financial & Insurance/Asset & Wealth Management/Asset Management — Institutional (Pensions, Endowments, Sovereign)

Keywords

• Independent directorship services
• Fiduciary governance services
• Fund director services
• Non-executive directorships
• Corporate governance advisory

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Independent Directorship Services: Solas provides independent non-executive directorships for funds, holding companies, SPVs, and other investment vehicles. Revenue is generated through professional service fees for directorship roles, likely structured as recurring retainer arrangements for ongoing governance support.
2. Board Support Services: Professional board support including meeting agenda preparation, conference line facilitation, and minute distribution for EGMs and AGMs. These advisory and administrative services complement directorship offerings.
3. Governance Advisory and Consultation: Ongoing consultation on governance support covering service provider selection, tax structuring, fund structuring, document review, due diligence, regulatory analysis, and M&A activity guidance.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Solas Fiduciary Services provides strategic, technical, and administrative directorship services to investment vehicles including funds, holding companies, and SPVs. The firm places independent non-executive directors on fund and corporate boards across Singapore, Hong Kong, Cayman, Dubai, BVI, and Bermuda, and supplements those placements with professional board support and customised consultation.

Product overview

Solas Fiduciary Services offers a unified suite of directorship and corporate governance services, delivered as a consultancy service rather than a software platform. The core offerings consist of three integrated service lines: Independent Directorships (providing directors for funds, holding companies, SPVs, and investment vehicles across global jurisdictions), Professional Board Support (administrative governance services including meeting management and minute-taking), and Customised and Continual Consultation (ongoing advisory on governance, structuring, and regulatory matters). Together, these services guide clients through a fund's entire life cycle.

Differentiator

Problem solved

Functional benefit

Products and services

• Independent Non-Executive Directorships Placement of independent non-executive directors on the boards of funds, holding companies, SPVs, and other investment vehicles across Singapore, Hong Kong, Cayman, Dubai, BVI, and Bermuda, designed for fund sponsors, asset managers, and family offices.
• Professional Board Support Services Strategic, technical, and administrative support provided to fund and corporate boards in which Solas directors serve, covering governance administration and ongoing board operations.
• Customised Continual Consultation Tailored ongoing advisory engagements providing clients with continuing access to Solas's directors for jurisdiction-specific governance and directorship matters on investment vehicles.

Quantifiable outcome

• Tremendous strides in growing Hong Kong presence since office opening in early 2019
• +1 more outcomes

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• OP Investment Management (OPIM)coreStrategic or Co-development Partner · 15 June 2020Strategic partnership with OPIM, Asia's leading hedge fund platform, to provide world-class corporate governance to funds in the region and support experienced fund managers in China looking to establish fund businesses in Hong Kong and beyond. The partnership leverages OPIM's position as a hedge fund platform and Solas's directorship expertise to serve the China and Asia emerging fund market.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Trident Trust: Independent corporate, fund and fiduciary services provider with offices across major offshore and onshore jurisdictions. Comparable to Solas in offering specialist independent director services to investment vehicles.
• International Management Services (IMS): Hong Kong-based provider of independent directors, fund administration and corporate services to alternative investment funds. Closely comparable to Solas as a specialist independent directorship firm serving Asian fund managers.

Broad incumbents

• Maples Group: Major offshore law and fiduciary group providing independent directors, fund administration and corporate services across Cayman, BVI, Ireland and Asia. Competes with Solas on cross-border fund governance mandates.
• Ocorian: Global provider of fund administration, corporate and fiduciary services formed via the merger of Estera and Acenden. Directly competes with Solas on independent director mandates for alternative funds.
• Ogier: Offshore law firm with fiduciary and corporate services in Cayman, BVI, Jersey, Guernsey and Hong Kong. Competes with Solas on independent director mandates for offshore-domiciled investment vehicles.
• Vistra: Global corporate services and fund administration platform offering fiduciary, director and compliance services. Overlaps with Solas in providing independent directors to investment vehicles across multiple jurisdictions.
• JTC Group: Global provider of fund administration, corporate and fiduciary services with strong presence in Cayman, Jersey and Hong Kong. Competes for independent directorship mandates on alternative investment funds.
• Apex Group: Largest independent fund services platform globally, offering fund administration, custody and fiduciary/director services. Represents a scaled, integrated competitor to Solas's standalone directorship offering.
• KPMG (Fund Governance Practice): Big 4 firm offering fund governance, independent director and compliance services through its alternative investment practice. Represents a large, brand-heavy competitor in the same fiduciary governance space.
• TMF Group: Global provider of corporate secretarial, fund administration and fiduciary services with presence across Asia, Middle East and offshore centres. Overlaps with Solas in serving Asian and offshore fund structures.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/solas-fiduciary-services

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Solas Fiduciary Services