IQ-EQ Acquires Asia Institutional Fund Platform
Luxembourg-based investor services provider IQ-EQ has expanded its reach in Asia with the acquisition of an institutional cross-border fund platform.
IQ-EQ has acquired Gordian Capital Limited – an Asian institutional cross-border fund platform and fund solutions provider – according to a statement.
Gordian has expertise in complex fund structures, fund operations, fund marketing, regulations and related legal and tax compliance matters. Its client base consists of asset managers, internal and external investment teams, sovereign wealth funds, development finance institutions, family offices and corporates, investing in a wide range of asset classes.
Established in Cayman in 2004 and in Singapore in 2005, it has a 77-strong team operating from offices in Singapore, Tokyo, Hong Kong, Shanghai and Melbourne. It currently manages $17 billion, of which institutional investors account for 96 percent. In the last 20 years, it has launched 115 funds and it plans to further expand into the Middle East, subject to approval by the Dubai Financial Services Authority.
Post-Merger Arrangement
Gordian CEO and co-founder Mark Voumard will continue to lead the business and will join IQ-EQ's Asia senior leadership team as managing director, head of fund platforms and solutions, Asia and Middle East. The business will go to market as Gordian Capital until the second quarter of 2026, when it will rebrand as IQ-EQ.
The transaction has received regulatory approval from the Monetary Authority of Singapore and the Securities and Futures Commission of Hong Kong. It is expected to close shortly, subject to customary closing conditions.
APAC Expansion
According to IQ-EQ group CEO Mark Pesco, the latest deal is part of ongoing expansion in Asia Pacific, which the firm considers a key region. In April, it entered the Australia and New Zealand markets with the acquisition of AMAL Group.
«This acquisition represents a significant milestone in IQ-EQ’s growth strategy, further solidifying our strong market position in the Asia Pacific region. The combined expertise and reach of our expert teams will enable us to offer unparalleled services and support, fostering growth and innovation across the region,» Pesco said.
«This transaction is hugely significant for us as it transforms us into the market leader in the fund platform business in Asia Pacific. It allows us to offer our fund, corporate and family office clients globally a path to regulated market entry into Asia and over time, the Middle East, along with sophisticated fund structuring and operational capabilities,» added Sridhar Nagarajan, regional CEO, Asia, Middle East and Africa.
