Jersey headquartered Suntera Global today announced it has completed its acquisition of fund administration and corporate services provider Khepri, following the receipt of all regulatory approvals.
The acquisition was initially announced in May.
The acquisition creates a new full-service fund administration offering for Suntera in the UK, whilst also broadening and adding further strength to its existing fund administration proposition for global asset managers.
Commenting on the completion of the acquisition, David Hudson (pictured), CEO of Suntera, said: “The completion of this acquisition represents another key milestone in our strategy to expand our international footprint and diversify our proposition across geographies and service lines. Khepri is a high-quality growth business with a strong track record, and their impressive team adds a vital capability for us in the UK. I’m delighted to welcome them to the Suntera family.”