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Fund services news

TMF Group acquires Vasco Trustees


05 July 2024 Australia
Reporter: Klea Neza

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Image: Nuthawut/stock.adobe.com
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.”
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