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Trustmoore Group to acquire Funds Avenue in a strategic merger

Sep 04, 2024

Acquiring Company

Trustmoore Group

Acquired Company

Funds Avenue

AmsterdamLuxembourg CityFinancial ServicesFinancial Services

Description

Trustmoore Group has announced the acquisition of Funds Avenue, a Luxembourg-based third-party fund management company. The merger, approved by the Luxembourg Financial Sector Supervisory Commission (CSSF), aims to expand Trustmoore’s service offerings, strengthen its position in the Luxembourg financial sector, and provide more integrated solutions to clients.

Quick answer

Trustmoore Group is acquiring Funds Avenue, announced September 4, 2024. Trustmoore Group is based in Amsterdam, North Holland, Netherlands.

How much did Trustmoore Group pay for Funds Avenue?
The deal value was not disclosed.
What does Trustmoore Group do?
Trustmoore Group is a corporate and fund services provider with a strong presence in the Luxembourg financial sector.
Where are Trustmoore Group and Funds Avenue based?
Trustmoore Group is based in Amsterdam, North Holland, Netherlands. Funds Avenue is based in Luxembourg City, Luxembourg, Luxembourg.
Who are the decision-makers at Trustmoore Group?
Fundz holds 1 contact at Trustmoore Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Trustmoore Group

Location

Amsterdam, North Holland, Netherlands

About

Trustmoore Group is a corporate and fund services provider with a strong presence in the Luxembourg financial sector. It offers a wide range of fund management and financial services, showcasing a commitment to expanding service capabilities and addressing client needs.

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Frequently asked

Who acquired Funds Avenue?

Funds Avenue was acquired by Trustmoore Group, based in Amsterdam. The deal was reported on September 4, 2024. Trustmoore Group is a corporate and fund services provider with a strong presence in the Luxembourg financial sector. Trustmoore Group is privately held and operates in Financial Services.

When did Trustmoore Group acquire Funds Avenue?

Trustmoore Group's acquisition of Funds Avenue was reported on September 4, 2024. Trustmoore Group has announced the acquisition of Funds Avenue, a Luxembourg-based third-party fund management company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Funds Avenue do?

Funds Avenue is a third-party fund management company based in Luxembourg, offering expertise in risk and portfolio management, investor onboarding, fund accounting, and financial reporting. It is privately held, operating in Financial Services, and is based in Luxembourg City.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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