Guernsey-headquartered fund administrator International
Administration Group (IAG) has announced joint ventures in both
Hong Kong and Singapore with the Tricor Group, a member of the Bank
of East Asia Group. The two joint ventures established are Tricor
IAG Fund Administration (Hong Kong) Limited and Tricor IAG Fund
Administration (Singapore) Pte Limited.
The partnership will see IAG provide fund administration
services to private equity, real estate and alternative assets
funds in Hong Kong and Singapore. IAG already has offices in both
locations and also a joint venture with the Exceedor Group in
Shanghai. Johnny Ng, Chief Executive of the Tricor Group, said:
"We are impressed by IAG's extensive and proven experience
in fund administration services. By joining forces with IAG, we
have enhanced both the scope and strength of our fund
administration services."
