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Fund services news

Centralis Group acquire Oakford Advisors


09 August 2024 UK
Reporter: Jack McRae

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Image: stock.adobe.com/Gang
Centralis Group, an alternative asset services provider, has acquired Oakford Advisors.

The companies say 40 employees from Oakford, who provide services focused on alternative fund clients, primarily hedge funds, private equity and real estate structures, will join the Luxembourg-based group.

Aidan Foley, CEO of Centralis Group, comments “With this new acquisition, Centralis are poised to further elevate our service expertise and capabilities; thereby solidifying our position as one of the premier leaders in alternative funds outsourced solutions, and UK leader in outsourced services to the asset manager community.”

Jeremy Whetter, Oakford managing director adds: “I am incredibly proud of what the Oakford team has achieved in the last 7 years, the growth of the brand and reputation within the sector, and the consistently high levels of client service we have delivered.

“We look forward to joining with Centralis for the next stage of the journey, and their global offering and broader scope of services will expand and complement the outsourced business services we provide to our existing clients.”
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