TMF Group buys State Street Channel Islands business
September 6, 2019

TMF Group, a provider of global business services, reports that it has completed the acquisition of State Street's private equity and real estate fund administration business in the Channel Islands.

It says the acquisition is a key milestone in its drive to further grow its fund services business and means it now has over US$125 billion in client assets under administration within fund services. It adds that its ‘one-stop-shop' of fund services, including fund administration and depositary services, is supported by experts in over 80 jurisdictions worldwide.

In Jersey, the acquisition of State Street's private equity and real estate business adds fund administration to its existing corporate and trust services, whilst in Guernsey, it complements the recent acquisition of Gentoo, a leading fund administration business.





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TMF Group, a provider of global business services, reports that it has completed the acquisition of State Street's private equity and real estate fund administration business in the Channel Islands.

It says the acquisition is a key milestone in its drive to further grow its fund services business and means it now has over US$125 billion in client assets under administration within fund services. It adds that its ‘one-stop-shop' of fund services, including fund administration and depositary services, is supported by experts in over 80 jurisdictions worldwide.

In Jersey, the acquisition of State Street's private equity and real estate business adds fund administration to its existing corporate and trust services, whilst in Guernsey, it complements the recent acquisition of Gentoo, a leading fund administration business.



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