Herald - Funds | Herald Worldwide Fund

Welcome to the website for Herald Investment Management Limited (HIML). These pages provide a brief introduction to HIML and details of the funds it manages, currently Herald Investment Trust (HIT), the Herald Worldwide Fund (HWF) and Herald Ventures LP (HVLP).

These pages are regularly updated to include up-to-date financial and performance data, but please feel free to contact us with comments, or to request further information. It is important that you read the notice below before proceeding, as it explains certain legal and regulatory restrictions which apply to the information contained in this website.

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Home > Funds > Herald Worldwide Fund > Directors

Alan Jeffers (Chairman) (Irish) is a chartered accountant and former council member of the Institute of Chartered Accountants in Ireland. Mr Jeffers was previously managing director of Avenue Investment Company, a venture capital investor in Ireland, and financial controller and assistant managing director of Jefferson Smurfit Group plc from 1968 to 1973. He is a director of Dipcot Holdings Limited, Banking Automation Limited and several companies operating in the International Financial Services Centre.

David Boyle (British) worked for Morgan Grenfell from 1965 to 1982 in a number of capacities including corporate finance and, from 1977, asset management. In 1982 he joined the investment management subsidiary of Rowe & Pitman and, following that firm's merger with Mercury Securities in 1986, became a director of Mercury Asset Management plc. He retired in 1997 and is currently a director of and shareholder in the parent company of the Investment Manager and other investment companies, a pro-chancellor of Essex University, deputy chairman of Essex Community Foundation, and holds other voluntary sector posts.

William Backhouse (British) qualified as a chartered accountant. He joined the corporate finance department of Barings in 1970 and from 1984 until he retired in 1993, he was a director of Baring Asset Management. He is chairman of Thames River Multi Hedge PCC . Mr Backhouse is a shareholder in the parent company of the Investment Manager.

Adrian Waters (Irish), resident in Ireland, is a fellow of The Institute of Chartered Accountants in Ireland. He is the principal of Fund Governance Solutions, an independent funds consultancy. He has over 20 years’ experience in the offshore funds industry. From 1993 to 2001, he held various executive positions within The BISYS Group, Inc. (now part of the Citi Group), including chief executive officer of BISYS Fund Services (Ireland) Limited and finally as Senior Vice President – Europe for BISYS Investment Services out of London. From 1989 to 1993, he was employed by the Investment Services Group of PricewaterhouseCoopers in New York and prior to that by Oliver Freaney and Company, Chartered Accountants, in Dublin. He is an independent director of several other offshore funds.