Trust Corporation International joins Ocorian enhancing their Guernsey offering
Ocorian, the global diversified financial services group and leading 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 leading 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.
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.”
Michael Betley, 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.”
Nick Cawley, Head of UK / Ireland & Global Private Clients Service at Ocorian added “I am looking forward to working with Michael Betley and the team from Trust Corporation. Trust Corporation’s business is highly complementary to our existing offering and we share a desire to find the right solutions to meet our clients’ needs. Our proactive and collaborative approach coupled with our certain delivery means both Trust Corporation’s and Ocorian’s clients can look to the future with confidence.”