Home   News   Features   Interviews   Magazine Archive   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way,

Global Asset Servicing News and Commentary.
≔ Menu
Securites Lending Times logo
Leading the Way,

Global Asset Servicing News and Commentary.
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. SGG Group acquires Augentius
Industry news

SGG Group acquires Augentius


07 December 2018 Luxembourg
Reporter: Maddie Saghir

Generic business image for news article
Image: Shutterstock
SGG Group has successfully completed the transaction to acquire Aguentius.

According to SGG Group, the combined business offers a suite of fund administration, regulatory hosting, the depositary and Alternative Investment Fund Managers Directive (AIFMD) reporting.

Additionally, it offers credit transactions act/ the common reporting standard (CRS), and investor solutions to institutional investors across 24 locations.

Meanwhile, a comprehensive review of the newly combined group’s brands is currently underway and until this review is completed all business will continue to operate under their existing brand names.

Justin Partington, group fund solutions leader at SGG, said: “The completion of the Augentius’s acquisition marks a very important milestone for SGG. It reinforces our commitment to become the leading global partner for the alternative investment industry, offering a comprehensive spectrum of services to asset managers and their investors in all key fund domiciles.”

Ian Kelly, managing director of UK and Ireland and former CEO and executive director of Augentius, commented: “This is a hugely exciting time for our combined businesses, everyone within it and especially for our clients.”

“We have found in SGG a partner that shares our values and our drive to build a sustainable business which provides the highest quality of service to fund managers and their investors.”

He added: “Most of the existing Augentius executive team has stayed and re-invested in the combined business as we strongly believe in the future of this firm. We look forward to working closely with our new colleagues to bring our combined business to new heights.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →