We are excited to announce the acquisition of Tricor IAG Fund Administration Group (‘TIAG’), further strengthening our global resources and capabilities for alternative asset managers in Asia. 

Formed in 2013 as a joint venture between Tricor and IAG Group, TIAG has operations in both Singapore and Hong Kong, and provides fund administration solutions to a broad range of private equity and venture capital fund managers in Asia with total AUM of US$12 billion. 

All TIAG staff will be joining our existing global team of over 200 fund administration professionals. The acquisition of TIAG will increase our global funds AUA to US$62 billion, across 940 funds.

“Growing our global fund services capabilities, particularly for private capital funds, is one of our core strategic priorities,” explains Markus Grossmann, Regional Managing Director for Asia, Middle East and Africa at Trident Trust. “We have been continuously investing in our technology and our team to expand the resources available to our clients, and the arrival of the TIAG team significantly accelerates that growth in Asia.”

“Trident Trust is a dynamic and digitally progressive firm, and there is a clear alignment of our client service delivery ethos,” adds Raymond Page, founder of TIAG. “We share the same commitment to first-rate personalised service, and I look forward to contributing to the continued growth of Trident’s private equity client base and range of services.”

To learn more about our global range of fund, services, visit our Fund Services webpage.