Professional services provider Equiom has announced the acquisition of corporate and fund administration business Carey SA Luxembourg.
Led by Managing Director Barry Black, the team at Carey SA specialise in the incorporation and central administration of Luxembourg unregulated and regulated alternative investment vehicles, tax reporting alternative fund services and private wealth solutions.
Equiom Global Chief Executive Officer Sheila Dean commented: "It has been a goal of Equiom’s to establish a presence in Luxembourg for quite some time. Luxembourg offers access to an opportune market, and with the addition of a new fund services line, we are able to expand our offering."
A total of 18 staff will join Equiom Group with immediate effect. The Luxembourg team will continue to operate from the same office, which will rebrand to Equiom by the end of January.