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Bermuda Flag

Bermuda's International Non-Insurance Businesses, Part 3

Huge range and variety of offshore corporations, M to Z

line drawing

By Keith Archibald Forbes (see About Us) exclusively for Bermuda Online

To refer by email to this file, please use "bermuda-online.org/intcoys3" as your Subject

 M

Magician Industries (Holdings)  C/o Codan Services Ltd
MAK Capital Fund LP By MAK GP LLC.
MDL Active Duration Fund formed by MDL Capital in 2002
Mandana International Youth Foundation (USA) P. O. Box HM 1672, Hamilton HM GX. Phone 297-9111
Mandarin Oriental International C. H. Wilken, Secretary
Mandarin Oriental Hotel Group Part of the Bermuda-registered Jardine Matheson Group. Manages the Elbow Beach Hotel in Bermuda and hotels in Hawaii, Hong Kong, Jakarta, Kuala Lumpur, London and Macau.
Man Sang International Represented by Codan Services Ltd.
Manulife International Holdings Appleby Spurling & Hunter
Mapely Steps A subsidiary of UK-based Mapely Ltd. In late 2002, the UK Inland Revenue sold Mapely 600 UK properties worth over 100 million pounds sterling, then leased them back.
Marvell Technology Group Bermuda company of American chipmaker organization.
Marcuard Capital (Bermuda) Run by investment banker Han-Joerg Rudloff.
Marine Management Services P. O. Box HM 1543, Hamilton HM FX. Hemisphere House, 9 Church Street West, Hamilton HM 11. Phone 292-6622. Fax 292-8555.
March International Holdings  
Martin Currie China A Share Fund Administered by Citigroup Forum FD Services Bermuda 
Marvell Technology Group

Hamilton. The maker of chips for Apple Inc.'s iPod media player. Co-founder and former chief operating officer Weili Dai, of  Los Altos Hills, California, founded the company in 1995 with husband Sehat Sutardja.

Mearbridge LLC Victoria Hall, 11 Victoria Street, Hamilton HM 11. Phone 292-8725. Fax 292-2216.
Mass Mutual Finance Group Victoria Hall, 11 Victoria Street, Hamilton HM 11. (441) 299-8828. (441) 299-8813. Other Bermuda-based companies include Mass Mutual International (Bermuda) Ltd and Mass Mutual Life Insurance Company Ltd.
Meridian Capital Ventures P. O. Box 215, Devonshire DV BX, Bermuda
Meditor Capital Management (Bermuda) 79 Front Street, Hamilton HM 12. Phone 296-5946. Fax 296-4999.
Merck Sharp and Dohme (International) P. O. Box HM 1429, Hamilton HM FX. Bermuda office of Merck & Co Inc, a major USA research-based pharmaceutical company of Rahway, New Jersey.  Known to have 14 subsidiaries in Bermuda.
Merrill Lynch  Two subsidiaries in Bermuda
MF Global

Derivatives broker. USA head office is the largest brokerage of exchange-traded futures contracts.

MGD Holdings Owned by Bermuda-based Canadian millionaire Mr. Michael DeGroote. Through it, he holds 44% of the shares of the Atlanta based solid waste services company Republic Waste Industries Inc.
Michelin Investment Holding Company  
Mid Ocean Ship Management 69 Pitts Bay Road, Hamilton HM 08. Phone 292-5845
Millennium Sense Holdings  
Ming Pao Enterprise Corporation C/o Butterfield Fund Services (Bermuda) Ltd
Morgan Stanley Known to have two Bermuda subsidiaries
MPRI International Services

American corporation, Virginia-based, with a Bermuda shell company since April 2005. Won a multi-million-dollar US government contract to train police officers in Iraq. Was accused in April 2008 of using its Bermuda shell company to shield itself from US taxes. The Boston Globe reported that the Bermuda office appeared to have no staff, telephone number, or website. Said by it to be one of the offshore entities to avoid US taxes, even as they profit from lucrative federal contracts.

MTS Bermuda Wholly owned subsidiary of Mobile TeleSystems.
Montpellier International  
Multi-Manager Investments (Bermuda) c/o Codan Management
Mundipharma Pharmaceutical Company Par-la-Ville Place, Par-la-Ville Road, Hamilton. Phone 295-6480
Munich-American Global Services (Bermuda) 45 Reid Street, Hamilton. P. O. Box HM 204, Hamilton HM FX. Phone 292-5794. Fax 292-5592. International management company.
Mutual Risk Management Church Street, Hamilton. Now owned by IAS Park.

N

Nabors Industries (NBR) Relocated its corporate HQ from Delaware to Bermuda in early 2002, to save on US taxes. World's biggest land-based drilling contractor. The Houston-based Nabors Group owns, operates and manufactures drilling equipment and provides oilfield support in most of the significant oil, gas and geothermal markets in the world. Chairman and CEO is Gene Isenberg. 
Nam Hing Holdings C/o Codan Services Ltd
N2H2 Inc Founded in 1995, based in Seattle. With 16.5 million users overseas and an office in Bermuda. An Internet access management company specializing in fast and scalable filtering solutions.
Neo-Tech Global C/o Conyers Dill & Pearman
Nephila Capital Since 1998. In May 2008 had 25 employees and oversees bout $2.4 billion in assets under management. Now partly owned by the Man Group, one the world's largest publicly traded hedge fund managers. Has a Caymans-domiciled investment vehicle, Gamut Reinsurance.
NetJets Website Netjets.com. Bermuda-based, private jet aviation. A wholly-owned subsidiary of Warren Buffet's Berkshire Hathaway group.
News Publishers  Rupert Murdoch-owned, hugely profitable.
New Skies Satellites Holdings  New Skies Satellites B.V. is its main operating subsidiary. Australian-owned, it is one of only four fixed satellite communications companies with global satellite coverage, offering data, video, Internet and voice communications services to a range of telecommunications carriers.
Nexen Petroleum Offshore Yemen P. O. Box HM 1736, Hamilton HM GX. Phone 295-2949. Fax 292-9740
Nexen Petroleum Operations Yemen See above
Nexus Capital Victoria Hall, 11 Victoria Street, Hamilton HM 11. Phone 292-0795. Fax 296-0008
Nexus Services See above
Ngai Hing Hong Company C/o Codan Services Ltd
Nick Faldo Enterprises Owned and controlled by British golfer Nick Faldo, a Bermuda resident
Nomad C/o Lines Overseas Management
Nomad Trading C/o Lines Overseas Management
Nomura Securities (Bermuda) Chesney House, 96 Pitt's Bay Road, Pembroke HM 08. Or P. O. Box HM 3354, Hamilton HM PX. Phone 296-4050. Fax 296-4061. 
Nordic American Tanker Shipping Prominent in the shipping industry. owns a growing fleet of tankers. In 2010 it sold four million shares to fund future acquisitions and for general corporate purposes. As of January 2010, Nordic owned or had agreed to acquire 18 modern double-hull Suezmax tankers and two new-builds in 2010. 
Northern Offshore A Bermuda-based Norwegian company, listed on the Oslo Stock Exchange. Assets include oil rigs. The company has operational offices in Houston and trades on the Oslo exchange.
Northern Investment Company 53 Par-la-Ville Road, Hamilton HM 11. Phone 295-6349. Fax 292-4682
Nottinghill Resources C/o Lines Overseas Management
Novartis Capital Merged with Befico Ltd 
Novartis International Pharmaceutical Hurst Holme, 12 Trott Road, Hamilton. PO. Box HM 2899.
Novy Left II Investment
NRX Global Active Bermuda arm of Toronto-based Canadian giant
NWS Holdings C/o Codan Services Ltd

0-Q

Oakley Capital Investments

UK investment advisor. It's Oakley Capital Private Equity LP invests in mid-market UK and European businesses, had a very low leverage portfolio and was very active in 2009.

Ocean Grand Chemicals Holdings C/o Codan Services Ltd
Oceanwide International Corner House, Church Street, Hamilton. Phone 295-9626
Ocean Wilson Holdings Shipping and towage
Occidental (Bermuda) Boyle Building, 31 Queen Street, Hamilton. Phone 295-1489. Fax 292-5892.
OHP Investors (Bermuda) MGM LP Exempted limited partnership, c/o Appleby Spurling & Hunter
Old Mutual Group Services P. O. Box HM 3085, Hamilton HM NX
Old Mutual Asset Managers See above
Oil Management Services A Bermuda-registered and managed mutual management company for insurers in the petroleum industry. P. O. Box HM 1751, Hamilton HM GX.
Old Mutual Asset Managers (Bermuda) Active in Bermuda
Olympia Capital International (Bermuda) William's House, 4th Floor, 20 Reid Street, Hamilton, or by mail at P. O. Box HM 2431, Hamilton HM JX. Since 1990. Alternative investment funds administrator, acquired in 2007 by CACEIS, a leading European institutional securities servicing provider with $1.3 trillion in assets under administration. Administers approximately $69 billion in assets for funds domiciled in Bermuda, the Cayman Islands, the British Virgin Islands, Ireland and the US. Oskar Lewnowski, founder and chairman. 
Onyx Capital Asset Management  
Optima Fund Management 73 Front Street, Hamilton HM 12. Phone 295-8658. Fax 292-6274
Optimum Risk Research (Bermuda) 12 Warwick Lane, Warwick WK 02. Phone 236-7931
Opsis Technologies International Holdings The Symmetron, 129 Front Street, Hamilton HM 12. Phone 292-6141. Fax 292-7963
Orbis Investment Management 34 Bermudiana Road, Hamilton HM 11. Phone 296-3000 or fax 296-3001. Includes the Orbis Investment Fund.
Orient-Express Hotels A subsidiary of Sea Containers, below. The company owns or part-owns and operates over 50 deluxe hotels, restaurants, tourist trains and inland cruise ships and properties in many countries. In early 2010 it bought more big hotels in Italy. An emphasis has been on its core business of established properties with history and personality.
Orient Overseas (International) C/o  Conyers Dill & Pearman
Orient Power Holdings C/o Bank of Bermuda Ltd
ORN European Debt Fund LP Was ORN European Distressed Debt Fund LP. C/o Citco Fund Services (Bermuda) Ltd.
Pacific Century Cyberworks In 2000, Australian telecom giant Telstra Corp Ltd sealed a pan-Asian alliance and created an Internet Protocol network company, a regional wireless group and an international data center company. Then it registered its joint ventures with this Hong Kong-based (but Bermuda-registered) firm.
Pacific Boxers C/o Lynda Milligan-White & Associates
Pacific Fund Systems Offshore funds
Paget One (Bermuda) Principal investor in NRX Global.
Pak Fah Yeow International C/o Codan Services Ltd
Pangea Owns fiber-optic cabling systems in Denmark, Estonia, Finland, Germany, Netherlands, Norway, Sweden, UK
Paradigm Consulting  
Paramount Television International Services Owned by Bruce Gordon, Australian. He purchased for US$ 7 million and lives on Wreck Hill, Somerset, former Bermuda real estate of Robert Stigwood.
Parkcentral Global Hub

The family trust of billionaire and former presidential candidate H Ross Perot, founder of Electronic Data Systems Corp., who ran for president in 1992 and 1996.  Steven Blasnik, president of Parkcentral Capital Management LP and manager of the Perot family's money since 1992, and others formed Parkcentral Global in 2002 

Paul Y-ITC Construction Group C/o Codan Services
Peace Mark (Holdings) C/o Codan Services
Peaktop International Holdings C/o Codan Services
Peking Apparel International Group C/o Codan Services
Pentelia Capital Management

Founded by and is owned as a joint-venture between NATIXIS Alternative Investment International, and Bermuda-based insurance group White Mountains Insurance Group, Ltd. In 2009 teamed up with Japanese giant Mitsubishi Corporation to create a new alternative investment fund to focus on insurance-linked securities.

People's Food Holdings C/o Codan Services
PepsiCo Drinks giant with 13 subsidiaries in Bermuda
Perfectech International Holdings Butterfield Fund Services (Bermuda)
Perinvest Market Neutral  c/o Prime Management, Church Street. Hit by the Madoff fraud
Playmates Holdings C/o Codan Services
Plus Holdings C/o Codan Services
Ports Design C/o Reid Management
Premier International

Incorporated in Bermuda October 15, 2009. Owns 100 percent of Premier Aqua (UK) plc. based in the UK, specializing in the development and sale of Atmospheric Water Generators, which extract water from the air.

Prime Management Ltd Has a diverse portfolio of hedge fund clients. PM Box HM 3348, Hamilton HM PX.
Primus Guaranty The only publicly traded company that makes most of its money from credit-default swaps. The company also entered the market for credit-default swaps on asset-backed securities including mortgages. The latter were conceived a decade ago to protect bondholders against default and pay the buyer face value in exchange for the underlying securities should the company fail to adhere to its debt agreements. 
Prism Master Fund LP By Professional Risk Management Partners LLC.
ProServe Bermuda  
Promisant An international provider of enhanced payment services.
Protostar

Formed to acquire and operate high-power geostationary satellites optimized for satellite television in the Asia-Pacific region. In 2008 launched a satellite it hopes will expand its footprint in the Asian telecommunications business. Has subsidiary operations in San Francisco and Singapore.

Provence Management II Stitchting  c/o Rothschild Trust, Victoria Street, Hamilton
Proview International Holdings C/o Codan Services
Quality Healthcare Asia C/o Codan Services
Quanta Capital Holdings  
Quest Management Services Scandia International House, 16 Church Street, Hamilton. Phone 295-2185. Fax 292-8637. Affiliated with Quest Insurance Solutions Ltd.
Questor Partners Bermuda It acquired in 2002 the Italian aluminum company Teksid SpA. from Fiat.
Quilmes International (Bermuda) A joint Bermuda venture between the Dutch brewer Heineken and Quilmes Industrial SA in Latin America.

R

Rathgar Capital Management (Bermuda)  Fax 295-4927. Investment management. 
RC Group (Holdings) C/o Codan Services Ltd
Resource Finance & Investment Seeks acquisition opportunities
Refco Capital Markets Owned by commodities broker Refco Inc. 
Refco Global Finance  As above
Revir Acquired in 2001 several Bermuda-based or overseas-based insurance companies.
R& H Trust Co (Bermuda) P. O. Box HM 1556, Hamilton HM FX.  Canadian.
Richina Pacific New Zealand-based, with tanneries in China. Leather goods world-wide.
Right Management Consultants LP Appleby Spurling & Hunter
Rising Development Holdings  C/o Codan Services Ltd
Ritchie Capital Management (Bermuda) Appleby Spurling & Hunter
Road King Infrastructure C/o Codan Services Ltd
Roche International 37 Church Street, Hamilton HM 12. Phone 295-3391
Rockfield Holdings  22 Victoria Street, Hamilton HM11
Roly International Holdings C/o Codan Services Ltd
Rosedale Hotel Group C/o Conyers Dill & Pearman
Rose Management LP H&F International Rose Investors Ltd
Ross Capital Markets 65 Front Street, Hamilton HM 12. Phone 295-1537. Owned by Austrian national Wolfgang Flottl whose wife is Dwight D. Eisenhower’s granddaughter. His father is a Viennese banker.
Rothschild N. M. Services (Bermuda) 15 Queen Street, Hamilton. P. O. Box HM 1565, Hamilton HM MX. Phone 295-8591. Fax 295-3201. Also with Rothschild Trust (Bermuda). Since 1996 in Bermuda but in May 2008 announced its 12-person Bermuda office is closing although its Bermuda-registered corporations are staying.
Royal Dutch/Shell Group In the top 5 of the largest corporations in the world, with operations in more than 150 countries. It is a world provider of oils, gas and chemicals. It sells these in Bermuda also, but gasoline in Bermuda is US$6 a gallon, one of the highest costs in the world. Shell has about 70 employees in Bermuda in a variety of local and international companies, at Shell House, Ferry Reach, St. George's Parish. One international company manages the pensions of all qualifying Shell employees worldwide. Only Shell and its rival Exxon are allowed to retail gasoline (petrol) in Bermuda.
RPost

Since 2000 in Bermuda, with subsidiaries RPost US and RPost UK. Parent company is RPost International. In 2009 upgraded its email encryption service in a bid to address some key issues raised by a poll of companies subject to heightened HIPAA data encryption rules. Launched the Registered Email service in Bermuda in October 2009, which ensures immediate delivery, authenticated receipt, and proof the e-mail was sent, its time and content.

Russia Infrastructure Equities  

S

SDI Inc 4 Cavendish Road, Pembroke HM 19. Phone 296-0773
Saffron Services  
Safinvest International 31 Reid Street, Hamilton HM 12. Phone 296-4646
SageCrest Holdings

Affiliate of a bankrupt Connecticut-based hedge fund, in August 2008 filed for bankruptcy protection. It said in a petition filed in Bridgeport, Connecticut, that it has as many as 49 creditors and assets and debt of $100 million to $500 million. The company is seeking Chapter 11 bankruptcy protection, which provides shelter from creditors while a company reorganizes.

Sagem (Bermuda)  Crawford House, 23 Church Street, Hamilton HM 11. Phone 298-9940. Fax 298-9930
Sagitta Northwood Fund LP C/o Conyers Dill & Pearman
Saguenay Shipping Hamilton. Phone 295-5214. Canadian. 
Sahar Minerals Since 2009 in Bermuda. Established by mining professionals specifically to target opportunities in east Africa. Eritrea is its first licence. The 16th foreign mining company now operating in Eritrea, joining groups from Australia, Canada, China, Libya and Britain. Eritrea sits on a patch of the Arabian-Nubian Shield, a geological feature that stretches from Saudi Arabia and Yemen in the east to Sudan and Egypt in the west. Foreign investors are attracted to Eritrea because of its liberal mining laws. Sahar's license covers 373 square kilometres (144 square miles) near Sudan. Gold and base metals are the main interests.
Said Holdings Sun Life House, 31 Reid Street, Hamilton HM 12. Phone 296-8104. Fax 292-3143
Same Time Holdings C/o Appleby Spurling & Hunter
Sankaty High Yield Asset Investors

US Republican presidential candidate Mitt Romney served as president and sole shareholder  for four years. Has no office or staff on the Island but set up in October 199, registered at a lawyer's office in downtown Hamilton.

SAS Dragon Holdings C/o Conyers Dill & Pearman
Scandinavian Finance 4th Floor, 22 Church Street, Hamilton HM 11. Phone 295-2528. Fax  295-4614
Schlumberger Global Resources 14 Par-la-Ville Road, Hamilton HM 08. Phone 296-0767
Schlumberger Holdings (Bermuda) Victoria Hall, Victoria Street, Hamilton. Phone 295-6766
Schroders (Bermuda) Washington Mall, 22 Church Street, Hamilton HM 11. P. O. Box HM 1368, Hamilton HM FX. Phone 292-4995. Fax 292-2437. UK's largest independent securities company and investment bank, it has Bermuda-based Schroders (Bermuda) Limited, Schroder International Trust Company Limited and Schroder Venture Managers Limited. Schroders (Bermuda) Limited's staff members represent Schroder Investment Management Limited. Also represented is Schroder Wertheim in New York.
Seaboard Overseas 3 Gorham Road, Pembroke HM 08. P. O. Box HM 2007, Hamilton HM HX. Phone 295-0925. Fax 292-6343. A global leader in the agribusiness and shipping arena. 
Sea Carriers Inc.  
Sea Containers A container leasing, hotels, passenger, shipping and transport company with global interests. In the USA, it entered Chapter 11 bankruptcy protection. Its Bermuda office is minimally staffed. Main offices are in London, England, New York and York, England. It's other services include fast ferry service between Scotland and Northern Ireland; Hoverspeed, the English Channel's fast ferry; the Isle of Man Steam Packet Company; and the famous Orient Express train. In April 1996, it acquired via privatization the section of the British rail system once known as the Great North Eastern Railway (GNER) but was stripped of it in December 2006. National Express East Coast (NXEC) took it over.
SeaDrill  Oil-drilling and oil rig maker, set up by Norwegian billionaire John Fredriksen. Also operates mobile drilling fleets specializing in deepwater and harsh environments and has about 5,000 employees.  Often touted as a potential suitor for US-based offshore drillers. Operated from Norway, it owns Norway’s Smedvig ASA. Incorporated in 2005 by Norwegian shipping billionaire and oil tanker magnate John Fredriksen. After the acquisition of Smedvig, the company became managed from  Stavanger on Norway’s southwest coast. Has sold its West Prospero rig to ship owner Ship Finance International for $210 million and leases it back for 15 years.
Sea Holdings C/o Codan Services Ltd
Sealift Since January 2007, spun-off from Frontline. It converts ageing crude-oil tankers into rig transporters, sells shares to the public is listed on the Oslo stock exchange.
SCMP Group c/o Butterfield Fund Services (Bermuda) Ltd
Seaview Trading Partnership (Bermuda) C/o Conyers Dill & Pearman. Owned by two Malaysian entities
The Scott's Cove  Fund Hedge fund, by Optima Fund Management.
Sedona C/o Lines Overseas Management
Sedgwick Detert Moran & Arnold LLP Website sdma.com. International attorneys. Mercury House, 4th floor, 101 Front Street, Hamilton HM 12. Phone 441 296-9276. Fax 441 296-9277. Also with offices in Austin, Chicago, Dallas, Houston, London, Los Angeles, New York, Newark, Orange County CA, Paris, San Francisco and Zurich.
Serafina Holdings An investment vehicle primarily owned by private equity firm BC Partners Ltd which owns 71 percent of Serafina, and therefore have a controlling interest in Intelsat (see above). The largest single investor in Serafina, through its investment in BC Partners' funds, is the Ontario Teachers' Pension Plan Board. It owns about 11.5 percent of Serafina.
Shell Overseas Trading  Ferry Reach, St. George's
SHEP C/o Lines Overseas Management
Ship Finance International Multi-billion dollar entity. Most of its vessels are leased to Frontline Ltd., the world's biggest oil-tanker operator by capacity. It was spun off from Frontline in June 2004.
Shore Capital Run by Lowenstein, a member of the Bloomberg board of directors
Signet Jewelers

Bermuda-domiciled since 2008. World's largest specialty retail jewel stores, expected to record income of between $222.5 million and $232.5 million before tax in 2009/2010. Jewellery giant in UK and USA, was London-based until 2008, operates nearly 2,000 retail stores, Kay Jewelers and Jared, etc in the USA and H. Samuel, Ernest Jones and Leslie Davis in the UK. Also moved its primary listing to the New York Stock Exchange. It relocated to Bermuda to make the stock eligible for inclusion in US domestic stock indexes with a primary stock listing on the New York Stock Exchange the natural next step in its evolution, given most of its shareholders are American. 

Singapore Hotel PP (Ber) LP Formed by Lehman Brothers Offshore Real Estate Associates II
SKN Holdings C/o Lines Overseas Management
Sky Games International Incorporated in February, 1995, it developed a sophisticated remote-control gaming entertainment system marketed by Interactive Entertainment Ltd. (IEL), the company's joint venture with casino operators Harrah's Entertainment Ltd. It provides airlines and their long-haul passengers with popular casino games including bingo, blackjack, draw poker and Keno. The electronic boards weigh about 14 ounces. Their use is confined to flights in international air space
SL Holding, LP Formed by LSF4 Global Management Ltd
Smartone Telecommunications Holdings  C/o Conyers Dill & Pearman
SNP Lee Fung Holdings  
South Sea Holding Company  C/o Butterfield Fund Services (Bermuda) Ltd
Southern Cross Cable Network Suite 781, 48 Par-la-Ville Road, Hamilton HM 11. A Bermuda-based international telecommunications provider, a market-leading bandwidth wholesaler.
Soundwill Holdings C/o Codan Services Ltd
Sphynx (Bermuda) Made early 2006 headlines for its bogus oil trades. With Bermudian directors. Owned by Denis Gokana, president of Congo's state oil company Société Nationale des Petroles du Congo (SNPC), a special adviser to President of Congo, Denis Sassou-Nguesso.
Spitfire Oil Clarendon House, 2 Church Street, Hamilton HM11
Stanley Works This hardware manufacturer, an S&P 500 company, is a worldwide supplier of tools and doors and related hardware products for professional, industrial and consumer use. On May 9, 2002, the corporation  voted to re-incorporate in Bermuda after 159 years in New Britain, Connecticut, for tax savings estimated at US$30 million. A newly formed Bermuda corporation, The Stanley Works, Ltd., was to become the parent company of The Stanley Works. The idea was hugely controversial. John M. Trani, Chairman and Chief Executive Officer, stated: " This will strengthen our company. An important portion of our revenues and earnings are from outside the United States, where nearly 50 percent of our people reside. An increasing proportion of our materials are being purchased from global sources. This change will create greater operational flexibility, better position us to manage international cash flows and help us to deal with our complex international tax structure.” But on August 3, 2002, after huge publicity in the USA, it was reported that Stanley Works had decided not to re-incorporate in Bermuda after all. It has $ multi-million US Defense and Homeland Security contracts. 
Star Asset Management It has more than $750 million in funds under management. A family-run operation, it is managed by chairman Jack Crystal, together with his sons David and Zev. In August 1998, it brought more than 60 executives from top global investment banks to Bermuda for golf and recreation. They included individuals from Bankers Trust, Barclays Capital, Bear Stearns, BMO, CFSB, DLJ, Dresdner, ING, JP Morgan, Morgan Stanley, Merrill Lynch, Nomura, Paribas, Santander and UBS.
Starlite Holdings c/o Butterfield Fund Services Ltd
Steamship Mutual Management (Bermuda)  
Stockton Holdings  
Stolt Tank Containers Leasing Ltd (STCLL) P. O. Box HM 3143, Hamilton HM NX. Member of the Stolt-Neilson S. A. Group.
Styland Holdings C/o Bank of Bermuda Ltd
Suffolk County P. O. Box HM 1179, Hamilton HM EX. Arranges leases and sales of US manufactured property to be used predominantly outside USA.
Sugra Bermuda A private holding company owned by Toronto-based Ravelston Corp Ltd, said to be controlled by Conrad Black 
Sulby Partners LP Represented by Appleby Spurling & Hunter. Its general partner is Wellbridge Maritime Ltd. 
Sun East Technology C/o Codan Services Ltd
Sun Innovation Holdings Ltd C/o Codan Services Ltd
Sun Hing Vision Group Holdings C/o Codan Services Ltd
Sutton Oil (Bermuda) On its page 5 of 12 January 2007, the Northern Times weekly newspaper of Golspie, Sutherland, Scotland, revealed this company owns the 14-bedroom historic Altnaharra House Hotel (originally a drover's inn), in Altaharra, Sutherland via a subsidiary company the Altnaharra (Sporting) Hotel Ltd. It was put on the market in 2006. 
SW Kingsway Capital Holdings C/o Codan Services Ltd
SwissRe Investments (Bermuda) Owns 30 St. Mary Axe (Bermuda) LP
Synopsis International At Conyers Dill & Pearman.

T-U

Tanrich Financial Holdings C/o Codan Services
T. A. Taft & Co. Windsor Place, Hamilton
Tate & Lyle Management & Finance  Bermuda company of major English sugar company. Jardine House, 33-35 Reid Street, P. O. Box HM 337, Hamilton HM BX.
TBS International Bulk carrier shipping company which went public in 2005. With more than 25 vessels. In October 2009 it approved plans to redomicile to Ireland from Bermuda, citing seeking a "stable political and economic environment" as one of the main reasons behind the move. The relocation was completed in late 2009. TBS International plc., an Irish company, became TBS's parent company, with current shareholders of TBS becoming shareholders of TBS-Ireland. TBS-Ireland will be registered with the US Securities and Exchange Commission (SEC) and be subject to the same SEC reporting requirements as TBS, while TBS-Ireland's shares will trade on the NASDAQ Global Select Market.
30 St. Mary Axe (Bermuda) LP  Owned by SwissRe Investments (Bermuda) Ltd
TW Securities C/o Codan Services
Teekay Tankers

Has two other entities here, Teekay GP LLC and  Teekay LNG Partners LP. Teekay has a fleet of 173 ships that can carry crude, refined petroleum products, liquefied natural gas and liquefied petroleum gas.

Teleglobe International Acquired for $239 million in 2005 by Indian long distance telephone company Videsh Sanchar Nigam.
Tewksbury Capital Management Formerly Trout Trading Management Company Ltd. P. O. Box 1172, Hamilton HM EX. Phone 299-2900 or fax 299-8383. Owned by Monroe Trout. About 70 employees in Bermuda.
Tewksbury Investment Fund  Affiliate of above, also a Bermuda-based company.
Terrebonne Investors (Bermuda) LP Owned by Wellington Global Holdings Ltd and Wellington Global Administrator Ltd. C/o Conyers Dill & Pearman
Texaco Angola Natural Gas  From 2003. P. O. Box HM 2082, Hamilton HM HX. 
Texaco Exploration Africa Regional Pathfinding Inc. From 2003. P. O. Box HM 2082, Hamilton HM HX. 
Texaco Exploration Asia Regional Pathfinding Inc. From 2003. P. O. Box HM 2082, Hamilton HM HX. 
Texaco Exploration Eurasia Regional Pathfinding Inc. From 2003. P. O. Box HM 2082, Hamilton HM HX. 
Texaco Exploration Latin America Regional Pathfinding Inc. From 2003. P. O. Box HM 2082, Hamilton HM HX. 
Thyssen-Bornemisza Group Enormously wealthy (about US$2.7 billion) private investment business owned by family of the late Baron Hans Heinrich Thyssen-Bornemisza. It cost US$100 million to settle its grievances in Bermuda in 2001-2002. Hans-Joerg Rudloff is a board member.
TIP (Bermuda)  
TMX  Gibbons Company Building, Queen Street, Hamilton. Phone 295-1687.
Top Form International  
TPV Technology C/o Reid Management Ltd
Tracer Petroleum Corporation This large Canadian oil company has formed two Bermuda-based businesses in 2001. One is a petroleum company with projects in Kazakhstan and Iran. It is known as Tepco. The other will deal with crude swaps and petroleum trades and is known as Tracer Trading Ltd.
Trafalgar Tours International International Travel Group. Suite 343, 48 Par-la-Ville Road, Hamilton HM 11.
TNS International Holdings Owned by Transaction Network Services Inc of Reston, VA
Transport-Provider C/o Hollis & Co.
Transworld Oil P. O. Box HM 1252, Hamilton HM FX. Owned by John Deuss.
Transworld Payment Solutions  
Tremont (Bermuda) 4 Park Street, Hamilton. (441) 292-3781. Fax (441) 296-7194
Tromino Financial Services

Reid Street, Hamilton. Since 2005. Established by Fabian Schonenberg. It administers funds ranging from one that invests in wine, others that invest in catastrophe risk, as well as the more conventional funds of hedge funds. Mr. Schonenberg is a Swiss national, also the Swiss Honorary Consul in Bermuda. Clients are banks and fund managers based in Bermuda and elsewhere. 

Trout Trading Management Co. Owned by Monroe Trout, a prominent Bermuda based commodities futures trader who owns and operates Hamilton Fund Ltd. Has a brother, Timothy, who once owned part of the company. The Bermuda operation does not come under the rules and regulations of the USA based Securities and Exchange Commission. It is now a US$ 2 billion fund. 
Tricon and WestLB Germany's 4th largest credit institution
Trident Holdings Owned by Enstar USA 
Tsakos Energy Navigation An oil-tanker owner, one of the world’s largest owners of tankers capable of navigating icy waters.
Tyco Holdings (Bermuda) # 15 As below
Tyco Electronics World's biggest maker of electric connectors, public safety/land mobile radio systems, radio-frequency components and sub-systems. Spun off as part of the break-up of Tyco International Ltd. Brought in about $500 million in the fiscal year 2007, representing 56 percent of the total sales recorded by Tyco's wireless-systems sector. In 2009 announced it was seeking to relocate from Bermuda to Switzerland. 
Tyco International Zurich Centre, 2nd Floor, 90 Pitts Bay Road, Pembroke HM 08. Phone 292-8674. Fax 295-9647. In the top 100 of Federal contractors. Has $ multi-million US Defense and Homeland Security contracts. Formerly based in Exeter, New Hampshire. Bermuda headquartered here for tax reasons on July 1, 2001. Operating headquarters in Berwyn, Pennsylvania. It is a huge corporation in the USA and elsewhere, about 117 in world ranking, the world's largest fire and security systems provider and second-biggest in health care supplies. It also owns Bermuda-based international company ADT and Tyco Submarine Systems.
Tyco Submarine Systems Owned by Tyco International
Tycom Ltd Address as above for Tyco, phone 298-9770. Fax 298-9777. World leader in undersea technology development. It has provided practical and financial help for a Bermuda exhibition at the Smithsonian Libraries exhibition in Washington DC, in the National Museum of American History. It is titled" The Underwater Web: Cabling the Seas. " Neil Garvey is the president and CEO.
Tyler International Funding  2 Reid Street, Hamilton HM 11. Phone 296-5004.
Tyndall International Group 1 Victoria Street, Hamilton HM 11. Phone 296-2268.
Ubam International Management (Hamilton) Sun Life House, 31 Reid Street, Hamilton HM 12. Phone 295-8339. Fax 295-8682.
UBP Asset Management (Bermuda) 4th Floor, Cumberland House, 1 Victoria Street, Hamilton HM 11. P. O. Box HM 2572, Hamilton HM KX. Phone 295-8339. Fax 295-8682. Wholly owned subsidiary of Union Bancaire Privee, one of Switzerland's largest privately owned banks specializing in private and institutional banking. 
UFG Russia Select Fund  
Ultimate Holdings An investment company, with a registered office at Milner House, 18 Parliament Street, Hamilton, at the law firm of Cox, Hallett and Wilkinson. Believed to be owned or controlled or both by Adnan Khashoggi, a Saudi Arabian arms dealer who was reported on page 1 of the Royal Gazette of October 10, 2001and Ireland's Sunday Business Post of October 7, 2001 as having business ties with Osama bin Laden.
Union Bancaire Privee Managed by Asset Management (Bermuda) Ltd.
United Food Holdings  C/o Codan Services Ltd
United Pacific Industries C/o Codan Services Ltd
Unocal A large US oil company. In 1990s it set up dozens of companies in Bermuda to cover its companies worldwide. 
USA Petroleum Bermuda) P. O. Box HM 1549, Hamilton HM FX. Phone 295-4566.
USA Risk Group Offshore Management P. O. Box HM 1838, Hamilton HM AX. Member of the USA Risk Group.
Utilicorp (Bermuda) Holdings This and the one below have merged with Utilicorp (North Shore) Ltd of Delaware. C/o Cox Hallett & Wilkinson
Utilicorp (Bermuda) Power See above

V

Value Capital LP Bermuda-based $570 million hedge fund backed by billionaire investor Warren Buffett
Viatel Holding (Bermuda) A fiber-optic telecommunications company that has been struggling with bankruptcy. 
Victory City International Holdings Codan Services Ltd
Video Networks International Wakefield Quin
VistaPrint  Provides marketing products for small businesses worldwide.
VimpelCom Incorporated in Bermuda September 2009 as a $23.8 billion company, a major player in emerging economies' telecommunications. Headquarters in the Netherlands, operates in Russia, Ukraine, Georgia, Centra Asia, Vietnam, Laos and Cambodia. Formed by the merger of Russian telecoms giant Vimpel Communications and the Ukrainian firm Kyivstar, by their joint owners Telenor and Alfa Group. Alfa Group made headlines in Bermuda during its four-year legal fight with the now wound-up Island-based IPOC Fund between 2003 and 2007, over ownership of a $4 billion stake in Russian telecoms firm MegaFon. 
Vodatel Networks Holdings Codan Services Ltd
Voyager Group of Companies Now in liquidation. Penthouse, 128 Front Street, Hamilton HM 12. Comprising Voyager Financial Services Ltd., Voyager Management (Bermuda) Ltd., Voyager Securities Ltd. Claim to be full-service financial services companies but not licensed in Bermuda as investment companies. Their Bermuda-based executives Paul Lemmon and Andrew Proctor were arrested in North America in August 2002.

W-Z

Wah Sang Gas Holdings C/o Codan Services Ltd
Wai Kee Holdings C/o Codan Services Ltd
Warner Chilcott US-based pharmaceuticals, focuses on women's health care and dermatology. US-based, it owns the antibiotic drug Doryx. In  2009 it announced a corporate inversion relocation from Bermuda to Ireland. The move, which the company hopes to complete in the second half of 2009, is subject to approval of its stockholders and the Supreme Court of Bermuda. It believes the re-domestication to Ireland offers shareholders several advantages, including a stable long-term legal and regulatory environment based on Ireland's strong international relationships as a member of the European Union, its long history of international investment and its robust network of tax treaties with other European Union member states, the US and other countries.
Wachovia Has 18 subsidiaries in Bermuda. Taken over by Wells Fargo, which received $25 billion in US bailout money in 2008.
Weatherford International Bermuda company of USA oilfield services company, moved to Bermuda from Delaware in 2002 to save on US taxes. Its business HQ will remain in Houston.
Wellbridge Maritime   
Wellington Global Administrator Clarendon House, 2 Church Street, Hamilton HM 11.
Wellington Global Holdings Clarendon House, 2 Church Street, Hamilton HM 11.
Westbury (Bermuda) Victoria Hall, 11 Victoria Street, Hamilton HM 11. Phone 292-9480. Fax 292-9485. An investment company owned by Canadian billionaire Michael DeGroote.
West End Capital Management  Crawford House, 23 Church Street, Hamilton HM 11. Phone 296-8272. Fax 295-4927. Mark Byrne, CEO. A hedge fund company managing about US$600 billion for billionaire Warren Buffett.
WestLB Tricon Foraiting Fund Owned by Tricon and WestLB
Westport Trust Company  Formed 26 March 2003
West Siberian Resources A Russian oil producer recently valued at US$680 million,  pumping thousands of barrels a day. 
Weatherford International Owned by Weatherford International Inc of USA.
Whitechapel Management Par-la-Ville Road, Hamilton
WP Stewart & Co. A substantial asset management company. Its shares are  traded under the symbol "WPL" on the New York Stock Exchange. The chairman and CEO is William Stewart. The Stewart Group which includes WP Stewart and other subsidiaries, has operations on the USA, Europe and Asia and currently manages over US$11 billion in assets for high net worth individuals, trusts,  partnerships and corporations.
Wing Lee Holdings C/o Codan Services Ltd
Wing On International Holdings Ltd c/o Butterfield Fund Services Ltd
Wong's International (Holdings)  C/o Codan Services Ltd
WorldInvest (Bermuda) 129 Front Street, Hamilton HM 12. Phone 296-4547.
World Jet Trading  Fritholme Main House, 12 Fritholme Gardens, Paget PG 04. Phone 296-0033. Established in 1978 by Kristian L. Hougaard, who had accumulated a significant base of knowledge of the aircraft industry as a Boeing 707 captain. Since this time World Jet Trading has sold and purchased corporate jet aircraft on a worldwide scale to a diverse set of clients including large corporations, high net worth individuals, public institutions, and governments. From its business locations in Bermuda and Copenhagen, Denmark it has a solid global coverage, working with clients in the Asia Pacific, Africa, Middle East, Europe, and North and South America.
World Shipholding Owned by Norwegian shipping billionaire John Fredriksen
Worldsec c/o Appleby Spurling & Hunter
World-Wide Shipping (Bermuda) 7 Reid Street, Hamilton HM 11. PO Box HM 1862, Hamilton HM HX. Phone 295-3370. Fax 295-3801
WW Management 1 Crow Lane, Pembroke HM 19. Phone 295-1144. Fax 295-0097
Wyeth (Ireland) Gibbons Building, Queen Street, Hamilton. Phone 295-4610.
XL Capital Partners Corporation  
Yucatan Express Currently offers a ferry service from Tampa to Yucatan, Mexico, etc.
Zhu Kuan Development Company C/o Codan Services
Zongda International Holdings C/o Codan Services
Zurich Global Energy Zurich Centre, 90 Pitts Bay Road, Pembroke HM 08. Hamilton HM PX. Phone 298-1800. Fax 292-4194.
Zurich International Zurich Centre, 90 Pitts Bay Road, Pembroke HM 08 Hamilton HM PX. Phone 294-2400. Fax 294-2401.
Zurich Investment Services  Zurich Centre, 90 Pitts Bay Road, Pembroke HM 08. P. O. Box HM 2566, Hamilton HM KX. Phone 298-1800. Fax 292-4194.

For all listed international non-insurance companies see

International companies listed A to C International Companies listed D to L International companies M to Z

Also see Bermuda's Leading Insurance Managers

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Last Updated: March 9, 2010
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