TMF Group, a leading provider of high value business services to
clients operating and investing globally, has completed the
acquisition of Gentoo Holdings Limited, a Guernsey-based provider
of fund administration services.
Established in 2011, Gentoo, which also has an office in
Luxembourg, has grown its assets under administration to more than
$15bn. Gentoo performs administration of regulated and unregulated
funds, as well as offering depositary services, and a range of
corporate and domiciliation services. The management teams in both
Guernsey and Luxembourg have extensive fund experience and are
supported by a team of 50 staff.
The acquisition represents a key milestone for the development
of TMF Group's private equity and real estate (PERE) offering,
a strategic area of growth for the business as it looks to expand
its PERE offering into other jurisdictions. Gentoo's clients
will also benefit from TMF Group's broader expertise in SPV
administration and the
