SGG Group, a leading global investor services firm, is pleased to announce the acquisition of Augentius, a leading global provider of alternative investment solutions to the Private Equity and Real Estate communities. Augentius, who employs over 650 professionals, offers a complete suite of fund administration, depositary, regulatory and compliance solutions to institutional investors across 13 jurisdictions including the UK, Guernsey, the US, Luxembourg, Singapore and Hong-Kong.
The transaction, which is subject to regulatory approval, reinforces SGG Group’s position as the 4th leading investor services firm in the world with the deal growing its assets under administration (AuA) to over USD 400 billion and further strengthens its reach and footprint. The services offered by Augentius will complement SGG Group’s current funds offering, including a state-of-the-art technological platform and experienced team with the reputation of providing high quality service.
Backed by Astorg, SGG Group has made a number of acquisitions over the last two years to extend its lead in the investor services industry through a complete offering across a number of jurisdictions, technologically advanced services and expert teams, and has an ambitious strategy for continued growth.