Stonehage opens office in Luxembourg

Stonehage, the Jersey-based multi family office, is opening a new branch in Luxembourg, which will be headed by family office expert Eric Osch.

The division will focus on fund management, corporate services, finance and regulations, said a statement.

Osch, who joined Stonehage from another family office in Luxembourg, will be working alongside Peter Egan, an expert in investment who was previously based in Jersey.

Established in 1976, Stonehage currently manages the wealth of more than 1,000 families in the world. It has 12 offices globally and received the Family Office of the Year award in 2009 by the Society of Trust and Estate Practitioners.