Stirling Square selects Aztec Group for fund administration
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Stirling Square selects Aztec Group for fund administration 14 July 2020St Helier Reporter: Rebecca Delaney
Image: Aztec Group
The Aztec Group has been selected by Stirling Square Capital Partners to administer its new €950 million fund.
The fund focuses on the European mid-market, while also implementing Stirling Square’s existing strategy of value-orientated transactions.
The Aztec Group was responsible for supporting the set-up, launch and closing of the fund, and will continue to provide administration and governance services from its Jersey office.
Three significant investments have already been made by the fund, including French glass packer for perfumery and cosmetics Verescence; Nordic customised logistics solutions provider Logent; and Swedish business-to-consumer roadside assistance insurance provider Assistansbolaget.
Chris Black, partner and CFO of Stirling Square, commented: “We are delighted to have closed our fourth fund, having exceeded our fundraising target once again. This successful process was ably supported by the Aztec Group, which continues to be a valuable partner to our business.”
“Their expertise and experience in the European mid-market sectors have been integral to the development and maintenance of our first-class administration and governance platform.”
Michelle McNaney (pictured above), director and co-head of private equity, Jersey, Aztec Group, added: “We look forward to deepening our longstanding partnership and having the opportunity to apply our knowledge of Stirling Square’s operational requirements and this sector to their exciting new fund.”
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Image: Aztec Group 