Kinetic Partners expands into Lux, buys AB Fund Services
Kinetic Partners has acquired Luxembourg-based AB Fund Services, bolstering their presence in the world’s second largest investment fund centre.
Raymond O’Neill, a founding member of Kinetic Partners, said: “The acquisition is in line with the firm’s planned expansion strategy to open in new jurisdictions in response to the changing needs of our clients, who rely on our ability to operate seamlessly across borders. Expansion is a crucial requirement given the growing global nature of our industry and further strengthens the firm’s leading market position within its chosen sectors.”
Benoît Andrianne, CEO of AB Fund Services, said: “We are very excited to be joining forces with Kinetic Partners, given their exceptional reputation as a high quality provider of advisory services to the finance industry. We look forward to working together to develop and grow our services to respond to clients who are operating in an ever complex regulatory environment.”
Established in 2005, Kinetic Partners serves over 1,200 clients globally, with offices in London, Dublin, Grand Cayman, New York, Geneva and Hong Kong.