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Blue Sky Clouds

About Us

Independent trustee and custody support with controlled disbursement and governance-led oversight.

Blackstone Trustee Berhad is a licensed  trust company in Malaysia.

We provide trustee and custody support for structured arrangements, with clear authorisation rules, documented workflows, and audit-ready reporting. We act strictly in accordance with agreed documents and applicable laws.

Who We Are

Blackstone Trustee Berhad serves as an independent administrative and oversight layer in structured arrangements.

Our role is to safeguard process integrity through disciplined governance, documentation, and controlled disbursement mechanisms

— so stakeholders can rely on a consistent, defensible transaction process.

We focus on clarity of mandate, segregation of roles, and adherence to agreed instructions supported by verifiable documentation.

Where required, we maintain clear records, approvals, and audit trails to support accountability across all parties.

Where applicable, client funds may be held in designated custody / client money account arrangements with a regulated financial institution, supported by internal recordkeeping and reconciliation.

Disbursements are executed only in accordance with the agreed authorisation rules and documented instructions.

Blackstone Trustee Malaysia Design

Our Mission

To protect stakeholders by upholding process integrity — through disciplined governance, independent oversight, and controlled disbursement executed strictly under agreed documentation and applicable laws.

Our Operating Principles

Neutrality:

We act independently, remain impartial, and do not provide investment, legal, or tax advice.

01

Discipline:

We operate strictly within defined mandates, approval requirements, and documented procedures at all times.

02

Documentation-First:

We execute through written instructions, verified supporting documents, and complete, traceable records throughout.

03

Clear Authorisation:

We release funds only to agreed signatories, under defined conditions, and after completed control checks.

04

Audit-Ready Reporting:

We maintain an auditable trail of approvals, transaction evidence, reconciliations, and reporting outputs.

05

Accountability:

We define roles, authority, approvals, and escalation protocols upfront to ensure clear decision ownership.

06

Leadership & Oversight

Our leadership team brings operational discipline, governance focus, and execution integrity to every mandate. We work alongside clients, professional advisors, and regulated financial institutions to implement clear controls, maintain accountability, and ensure each transaction follows the agreed framework.

For professional enquiries, please get in touch with our team through the Enquiry page.

Dan Dehussy

CEO

Michelle Gai

President

Chris Kushel

CLO

Naomi Malik

CMO

Frank Dennis

Chairman

Andy Jung

Advisor

How We Work

Step 1
Scope & Enquiry
 

Share your arrangement type, timeline, and key parties. We will confirm scope, required documents, and process flow.

Step 2
Structure & Controls
 

We define the account structure, authorisation matrix, disbursement conditions, and supporting documentation requirements.

Step 3
Execute Controlled Disbursement

We carry out disbursements strictly based on agreed instructions and verified supporting documents, with clear supporting references.

Step 4
Records & Reporting
 

We maintain audit trails and provide periodic reporting as agreed, so stakeholders have

clear visibility of actions taken.

Common Structures
We Support

Blackstone supports governance-led custody and controlled disbursement frameworks for structured arrangements, including:

  • Project-based controlled disbursement (milestone / certification-based)

  • Stakeholder-controlled funds and ring-fenced accounts

  • SPV-related trustee and custody support (where applicable)

  • Multi-party authorisation structures and approval workflows

  • Documentation-led disbursement processes with reporting requirements

Scope and deliverables are subject to agreed documentation and applicable laws.

Trusted By Stakeholders

We work alongside clients, professional advisors, and regulated financial institutions in structured arrangements.
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