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JTC Group Enters into a Definitive Agreement to Acquire Alternative Investment Fund Specialist INDOS
JTC Group Enters into a Definitive Agreement to Acquire Alternative Investment Fund Specialist INDOS
SAN JOSE, Calif., Feb. 23, 2021 /PRNewswire-PRWeb/ Global fund administrator JTC Group announced the acquisition of INDOS, an industry-leading specialist in the provision of depositary, ESG and AML oversight services for alternative investment funds.
INDOS is being acquired from its management team and a group of private shareholders. All employees, including INDOS founder and CEO Bill Prew and his senior management team, will join JTC, becoming part of the Institutional Client Services (ICS) Division. The transaction is subject to FCA regulatory approval and is expected to be completed by the end of Q1 2021.
JTC Group Enters into a Definitive Agreement to Acquire Alternative Investment Fund Specialist INDOS
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Latest acquisition to complement JTC’s existing global fund administration capabilities
INDOS’ leadership in depository oversight for alternative investment funds, extensive ESG services, along with Cayman fund oversight and AML compliance capabilities, are highly complementary to our US client base and our existing practices in depository administration and impact investing. SAN JOSE, Calif. (PRWEB) February 23, 2021 Global fund administrator JTC Group announced the acquisition of INDOS, an industry-leading specialist in the provision of depositary, ESG and AML oversight services for alternative investment funds.
INDOS is being acquired from its management team and a group of private shareholders. All employees, including INDOS founder and CEO Bill Prew and his senior management team, will joi