TMF Group completes Brazilian buy

Posted: 11/01/2022

TMF Group has completed its acquisition of Paraty Capital, a Brazilian fund administration platform focusing on private equity, infrastructure, venture capital and private debt funds.

As a result, TMF Group will now administer more than €160bn of assets on behalf of its fund manager clients, providing end-to-end fund administration solutions in Brazil, the US, Cayman Islands, Guernsey, Jersey, Luxembourg, Singapore, India, Hong Kong, China and Australia.

As well as offering coverage across South America, TMF can now provide administration services to regulated Brazilian funds. 

Michael Seligman, Head of Iberia and Latin America, commented: “The Latin American market is particularly important for the group due to its strong links to the US market and its global growth potential.  

“Paraty’s offering is complementary, providing a range of services, from fund administration to investor services, as well as solutions for management and portfolio companies.”

Paraty Capital, which has provided third-party fund administration services since 2014, has more than BRL15bn in assets under management.

The sellers in this transaction were assisted by Stocche Forbes (legal adviser). TMF Group was assisted by Brasilpar (corporate finance), KPMG (tax) and Mattos Filho (legal).


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