Menu open icon Search icon Close icon facebook twitter youtube linkedin Butterly graphic Facebook share icon Linkedin share icon Email share icon Twitter share icon Download Icon

Home > News > JTC DEAL COMPLETES AND BOOSTS AUA TO US$56 BILLION

JTC DEAL COMPLETES AND BOOSTS AUA TO US$56 BILLION

24th Aug 2015

Following an initial announcement in July, JTC has formally completed its acquisition of Kleinwort Benson’s Fund Administration business, taking the company’s global headcount to over 450 staff and cementing its position as one of the most dynamic growth companies in the sector.

Completion follows receipt of approvals from the relevant regulatory authorities and sees JTC add to its existing operations in the Channel Islands, as well as giving the company its first permanent presence in South Africa. The deal also brings JTC’s total Assets under Administration (AuA) to US$56 billion and bolsters its specific strengths in private equity, real estate and debt funds.

Commenting on the deal, Nigel Le Quesne, Group CEO & Chairman, said:

“The conclusion of this acquisition marks another step in our journey as we strengthen our position as a leading global provider of fund services. While this is the largest acquisition JTC has undertaken to date, our focus now is to provide a seamless experience for clients and staff and delivering first-class service will be the top priority throughout the integration process.”

Our resources and strengths

We value shared ownership

We operate around the principle that if our people have a stake in the business, they will do a better job for our clients.

We invest in people

Over 70% of our employees hold a relevant professional qualification or are working towards this through our dedicated JTC Academy.

We embrace technology

We operate a variety of best-in-class systems to deliver and maintain an impeccable standard of administration and use technology to innovate in both service delivery and efficiency.

We value relationships

We aim to work with clients who share our belief in the importance of building strong relationships over time.

Submit an Enquiry

Please use this short form to help us respond to your enquiry as efficiently as possible.