The purchase of the business increases Trident Trust’s assets under administration to $62 billion.
Trident Trust has acquired Tricor IAG Fund Administration Group (TIAG), a specialist provider of fund administration services to Asian private equity and venture capital funds.
Formed in 2013 as a joint venture between Tricor and IAG Group, TIAG operates in Singapore and Hong Kong, and provides fund administration solutions to a broad range of private equity managers in Asia with total assets under management of $12 billion.
All TIAG staff will be joining Trident Trust’s existing global team of over 200 fund administration professionals.
