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Home Business News Financial Services

Ocorian to acquire Trust Corporation International, subject to regulatory approval

August 16, 2021
in Business News, Financial Services, Guernsey News, Jersey News
Michael Betley
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Ocorian, the global financial services group and provider of corporate administration, fund administration, capital markets and private client services, has announced the acquisition of Trust Corporation International, subject to regulatory approval.

Trust Corporation International is one of Guernsey’s fiduciaries, specialising in proactive planning, wealth administration and corporate services. This acquisition enhances Ocorian’s ability to provide a comprehensive service offering to private clients and international corporates in Guernsey alongside its existing strength in fund administration.

Trust Corporation International’s 50+ strong team has a reputation for excellence in administering complex and high value structures. Their bespoke services are based on proven experience and their in-house technical expertise. Trust Corporation International’s director-led client teams care about the families and corporates they look after and concentrate their efforts on what is important to their clients.

Michael Betley (pictured), CEO at Trust Corporation International commented “Joining Ocorian is an endorsement of the quality of our team. It is business as usual for us and we will continue to treat our clients as partners, building on our long term, solid relationships. We are delighted we will be able to provide a broader range of relevant, high quality services in global locations to our clients and are looking forward to working with everyone at Ocorian.”

Frederik van Tuyll, Chairman and CEO at Ocorian said “It is tremendously good news that Trust Corporation International’s dedicated teams will be joining Ocorian. Our combined capabilities and expertise will result in a powerful full service offering in Guernsey from our team of over 160 professionals. We are a very considered acquirer and this acquisition is a strategic investment in Guernsey alongside our core and complementary service lines.”

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