Suntera has announced the acquisition of Thornbridge Investment Management, a London-based, FCA-regulated investment management and Appointed Representative Services business.
Founded in 2015, Thornbridge supports fund managers through a comprehensive range of AR and delegated fund management services, including combined solutions, as well as compliance support and related regulatory infrastructure.
Thornbridge is also registered with the National Futures Association as a Commodity Pool Operator and Commodity Trading Adviser through, and owns the core share in, Fundline PCC Limited, a Guernsey- incorporated entity already administered by Suntera.
The acquisition adds an experienced team of 13 professionals in the UK, as well as a number of external consultants and advisers.
Commenting on the acquisition, David Hudson (pictured), CEO of Suntera, said: “This acquisition marks another key development in Suntera’s growth journey, as we continue to extend our fund servicing capabilities spanning a full range of asset classes in the key UK market. With Suntera already providing administration services to Thornbridge’s Guernsey-domiciled Fundline investment vehicle, we have built a very positive relationship with the team, and I’m delighted to welcome them to the Group.”
Patrick Hall, CEO of Thornbridge Investment Management LLP, added: “This is an exciting milestone for Thornbridge that reflects our shared commitment to delivering high-quality, specialist solutions to our clients. By joining Suntera, Thornbridge becomes part of a major international group with an established presence across key financial centres, something that will further enhance the breadth of services available to our clients, delivered with the same personalised service that sits at the heart of the Thornbridge approach.”
