Altum Group to merge with Elysium Fund Management Ltd to create a leading international corporate and fund administration business
Altum Group (Altum or the Group), a leading international provider of Fund, Corporate, and Family Office solutions, today announces its agreement to merge with Elysium Fund Management Ltd (Elysium), a leading provider of Fund, Corporate and Professional Services in Guernsey.
Elysium will merge into Altum Group and together are expected to generate significant opportunities for both businesses and enhance the jurisdictional and product capabilities for clients, employees and wider stakeholders.
Elysium was established more than 25 years ago. It’s core management team originally built a substantial administration, fund management and corporate finance business which they acquired in 2006 to establish Elysium Fund Management. Much of the team and many of Elysium’s original clients remain with the business today reflecting Elysium’s reputation for excellence across fund, corporate and professional services.
Elysium currently provides a broad range of professional, administrative and accounting services to an impressive portfolio of institutional fund managers, international financial institutions, corporations, UHNW and Family offices across all the major international financial jurisdictions.
Completion is subject to regulatory approval from the GFSC and is expected during Q4 2024. The existing Elysium management team, led by Andrew Duquemin, Executive Chairman of Elysium and Joanna Duquemin Nicolle, CEO of Elysium will continue to lead the business post acquisition and assume senior management roles within Altum Group.
Zena Couppey, Chief Executive Officer of Altum Group commented:
The culture of Altum has been evident through our discussions and it was a key differentiating factor for Elysium to be part of a group with an aligned culture and approach to both our clients and employees. Combining our two companies will allow us to offer an international reach and even more in terms of services, expertise, and technology. My fellow directors and I along with the entire Elysium team look forward to working in partnership with Altum to contribute to the growth of our combined team over the years to come.”
About Altum Group
Altum is a leading international provider of Fund, Corporate, and Family Office solutions. Established in 2000, the combined Group will have more than $40bn AUA, with over 200 dedicated employees across six jurisdictions (completion is subject to regulatory approval).
We have a highly experienced team who work closely with clients, delivering an exceptional service by drawing on our extensive skills and knowledge. We offer tailored solutions across multiple products and jurisdictions, led by our highly skilled directors and supported by a team of dedicated experts.
About Elysium Fund Management
Since its establishment in 2006, Elysium has gained a reputation for excellence across a range of corporate and professional services, including administration, accounting, company secretarial and regulatory management. Its clients range from billion dollar publicly listed companies to specialist private funds investing in niche asset classes.
Get in touch with our team to find out more about our Guernsey offering.
