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Deals Of The Day: The Latest In Wealth Management M&A – Ocorian, EdgePoint
Editorial Staff
20 December 2024
Ocorian, EdgePoint EdgePoint provides fund administration services to US fund managers across private markets, the firm said in a statement. Its team of accounting and investor services specialists will join Ocorian’s global fund services business which comprises over 500 funds services experts. Ocorian has over 30 years’ experience in fund administration, accounting, investor services and regulated AIFM and depositary solutions and supports managers across all major asset classes of private markets such as private equity, real estate, infrastructure, debt, and venture capital. “The US is an incredibly important market for our clients, who increasingly look to Ocorian to support them with globally consistent, expert-led and technology-enabled solutions across the globe,” Chantal Free, chief executive officer at Ocorian, said. “Ocorian supports our European, Asian and US manager clients across domiciles and the expert capability of EdgePoint will help us expand our offering to US fund managers with US onshore fund administration and complement our current capabilities in regulatory & compliance consulting and capital markets. It will also help us to serve our US, European and Asian clients globally and consistently,” Free continued. “Through partnering with Ocorian, EdgePoint will be able to expand its offering while maintaining the high level of service that our clients rely upon. With Ocorian’s resources and global infrastructure, we’re better positioned to support our clients’ expanding operations and meet their evolving needs,” EdgePoint founder, David Lemon, added.
Ocorian, a global provider of fund and corporate administration services, regulatory solutions to financial institutions, asset managers, corporates and high net-worth individuals, has acquired US based fund administrator, EdgePoint Fund Services.