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SGG ponders multi-brand global expansion strategy

Recent major acquisitions help Luxemburg-based investor services and fund administrator firm, SGG Group, to expand across the world

March 06, 2019 | Foo Boon Ping

Not too long ago, SGG Group (SGG), was a large mainly Europe based and focused independent investor services and fund administrator firm. More recently, it has grown to become the global partner to the alternative investment industry serving funds, international companies, high net worth families and entrepreneurs. The company successfully completed a number of major acquisitions in the past 12 months that expanded its capability and presence into the global markets across 24 locations and now employs over 2450 dedicated professionals.

In 2016, the company received Astorg-Partners, a large European private equity group, as a major shareholder and had since gone on a major expansion spree that saw its assets under administration grow to reach more than $400 billion and over 600 funds. It now claims to be the fourth largest independent investor services firm and one of the top three independent administrators to the alternative investment community in the world,

SGG started its current expansion with the acquisition of the family-run Asia-focused advisory company, Iyer Practice, that offers a number of advisory and compliance solutions to companies and private clients in Singapore and Hong Kong. This was followed by the takeover of First Names Group that considerably strengthened its reach and capabilities in key markets such as Jersey, Guernsey, the Isle of Man, Switzerland, Cyprus and Ireland.

In December 2018, it announced the successful completion of the acquisition of Augentius, the largest independent private equity and real estate administrator in the world, with significant presence across four continents.

The combined group now offers a comprehensive spectrum of services, leading technological platforms and specialized expertise to asset and wealth managers as well as high and ultra-high net worth individuals and families in a...

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Keywords:Alternative Investment, Technology, Global Partner