TMF Group has acquired Vasco Trustees, one of Australia’s largest fund services providers across domestic and international markets.
Through this acquisition, TMF Group says it will be offering end-to-end business support including tax and regulatory reporting, to its funds and other institutional clients — further strengthening its fund services capabilities.
Patrice Lo, TMF Group’s Singapore, Australasia and Malaysia market lead, comments: “This acquisition highlights the immense potential of the Australian market and TMF Group’s everlasting commitment to growth in this region.”
Craig Dunstan, Vasco’s managing director and joint founder, adds: “We are honoured to become part of a global platform, with increased career opportunities and extensive global clients and capabilities.”