Gibraltar-based Helvetic Fund Administration Ltd has acquired Capita Financial Administrators (Gibraltar) Ltd. Helvetic will take on Capita Gibraltar staff and more than 500 million of assets under administration.
Helvetic Fund Administration, the longest established fund administration company in Gibraltar, opened in 1998.
Adding over 500 million to our assets under administration positions us as clear leaders in our industry in Gibraltar and provides us with a sound basis for the future growth of our business internationally, says Nicola Smith, CEO of Helvetic Fund Administration Ltd. We are very pleased that we have reached this important milestone.