TRIDENT TRUST EXTENDS ASIA FUND ADMINISTRATION CAPABILITIES WITH ACQUISITION OF TRICOR IAG FUND ADMINISTRATION GROUP [Yahoo! Finance]
INTL CONSL AIRLNS S/ADR (ICAGY)
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Source: Yahoo! Finance
acquisition of Tricor IAG Fund Administration Group ("TIAG"), a leading specialist provider of fund administration services to Asian private equity and venture capital funds. 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 managers in Asia with total AUM of US$12 billion All TIAG staff will be joining Trident Trust's existing global team of over 200 fund administration professionals. "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 The acquisition of TIAG w
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