Altum Group Secures FCA Licenses and expands UK operations
Zena Couppey
Chief Executive Officer
Stephen McKenna
Chief Commercial Officer
Published: 17th Mar 2025
London, UK – [17 March 2025] – Altum Group, a leading provider of fund administration and corporate services, is pleased to announce that it has received authorisation from the UK’s Financial Conduct Authority (FCA) to act as AIF Depositary and CIS Operator. This approval marks a major milestone in the firm’s strategic expansion and commitment to delivering high-quality regulated financial services across its expanding geographic footprint.
The FCA licences enable Altum Group to strengthen its presence in the UK market, offering enhanced solutions to clients while ensuring the highest standards of compliance and governance. As part of this growth, Altum Group has also relocated to larger offices in London’s West End, to accommodate the expansion of its UK operations and better serve its growing client base.
Zena Couppey, Chief Executive Officer at Altum commented: “Securing FCA authorisation is a major step forward in our strategic vision as a Group and these FCA licences allow us to enhance our service offering in the UK. We’ve seen the demand and taken proactive measures to expand, building on our already well-established UK presence to continue delivering industry-leading financial and fiduciary services across our entire network of offices. We are building a true one-stop-solution with an integrated fund offering for investment managers, combining our expertise in fund administration, depositary, and management company services with cutting-edge technology. Our digital-first approach ensures that we deliver seamless, efficient, and scalable solutions to our clients across multiple jurisdictions.”
Zena Couppey
Chief Executive Officer
Stephen McKenna, Chief Commercial Officer at Altum Group, added: “The UK is one of the world’s most important financial markets, and the permissions granted by the FCA demonstrate our dedication to providing institutional-grade solutions that meet the evolving needs of our clients. Our ability to deliver AIF depositary and CIS operator services further strengthens our offering and enables us to support fund managers with tailored, regulatory-compliant solutions.”
Stephen McKenna
Chief Commercial Officer
Simon Drewett, Managing Director – UK, commented: “The ability to offer AIF depositary and CIS operator services represents a key area of growth for Altum Group in the UK, and we are seeing strong demand from fund managers who require a secure, independent, and compliant solution. In conjunction with our European network and Luxembourg ManCo capability, we provide a seamless, one-stop solution fund administration platform that operates across multiple jurisdictions. Our new FCA licences allow us to expand our capabilities in the UK, further strengthening our ability to support clients with best-in-class regulatory and operational expertise.”
Simon Drewett
Managing Director, UK
With a strong reputation across multiple jurisdictions, Altum Group continues to expand its capabilities, supporting clients with tailored solutions in fund administration, corporate services, and private wealth management.
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