Two Guernsey firms are merging to create the largest independent
fund administration business in the Island.
In the 50:50 deal, described as a merger of equals, Anson Fund
Managers Limited and Bordeaux Services (Guernsey) Limited will join
forces and trade under the Anson name.
Peter Radford, of Bordeaux, who will be Chief Executive Officer
of the merged entity, said that the move will provide critical mass
and, importantly, enable the business to remain independent. Anson
Principal John Le Prevost will become a Senior Director and
Professor Richard Conder will become the new Chairman of Anson
Group Limited.
There are a number of synergies and very little overlap between
the two businesses which will have a combined headcount of around
45. Bordeaux specialises in private equity fund administration and
open and closed ended funds, while Anson has a reputation for
closed-ended work, including London-listed investment companies,
limited partnerships and property and
