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ARTICLE · 10 APRIL 2025

Praxis Returns To Fund Administration In Jersey Following Regulatory Approval

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Praxis, an independent global provider of corporate services and private wealth solutions, has re-entered the Jersey fund administration market after securing its Jersey Fund Services Business Licence (FSB Licence).

JerseyFinance and Banking
Praxis Group
Praxis Group
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Praxis, an independent global provider of corporate services and private wealth solutions, has re-entered the Jersey fund administration market after securing its Jersey Fund Services Business Licence (FSB Licence).

Building on its established fund administration presence in Abu Dhabi Global Market (ADGM), this strategic expansion enhances Praxis' fund services capabilities and reinforces its commitment to delivering boutique, high-touch support to fund managers and investors worldwide.

Praxis has a strong heritage in the fund administration space. It previously built a successful global funds division focused on large institutional and listed funds, which was sold in 2021. The Group's re-entry into the funds market is a strategic move designed to meet the growing demand for high-quality, independent administration services and expand on the Jersey Private Funds already being serviced under its trustee licence.

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