More than 50 employees, including INDOS Financial founder and CEO Bill Prew and his senior management team, have become part of JTC’s ICS division, with INDOS Financial becoming a JTC Group company
Sanne, a provider of alternative asset and corporate administration services, has rejected a proposal of £1.35 billion from Cinven, a global private equity firm, to buy out the firm
The license marks a significant milestone for Sanne’s Irish business and enhances its capabilities and multi-jurisdictional proposition for alternative fund managers
The acquisition will see all INDOS’ 52 directors and staff in its London, Fareham and Enniscorthy offices join the institutional client services division of JTC and will become shared owners in the business