Ocorian acquires EdgePoint 18 December 2024US Reporter: Clelia Frondaroli
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Ocorian has acquired EdgePoint Fund Services, a US-based fund administrator.
The acquisition marks the company's intention to build and expand its onshore funds presence in the US. Edgepoint provides fund administration services to US fund managers across private markets, and will now combine expertise with Ocorian’s global fund services business, the companies say.
Edgepoint will also be able to expand its service offering to clients, using Ocorian’s resources and global infrastructure to aid client operations.
Chantal Free, CEO of Ocorian, comments: “EdgePoint will help us expand our offering to US fund managers with US onshore fund administration and complement our current capabilities in regulatory and compliance consulting and capital markets. It will also help us to serve our US, European and Asian clients globally.”
EdgePoint founder, David Lemon, adds: “Ocorian understands our business, our clients, and our ambitions, and they’re committed to retaining our local expertise and culture. This partnership will furthermore allow Ocorian to expand its offering to our local market.”
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