IQ-EQ, an Astorg portfolio company, has acquired JGM Fund Services (JGM) a US provider of fund administration and tax services for alternative investors specialising in real estate and private equity asset classes.
This acquisition further reinforces IQ-EQ’s growing position as a leading player in the US market, the largest and fastest growing alternative fund services market globally. A shared entrepreneurial approach to business coupled with a strong focus on providing high levels of client service and an emphasis on training and investment of its employees positions the newly combined entity as the provider of choice for alternative asset managers.
As a result of this transaction IQ-EQ now services its growing US client base from its US operations located across eight states and 12 locations including New York (HQ), Dallas, Garden City, Iselin, San Francisco, Fort Worth, Houston, Chicago, Bedford, Rapid City, Austin, and West Palm Beach. The acquisition of JGM grows IQ-EQ’s US employee base to 650+ and 4,000+ globally offering high touch client services across all three segments – Fund and Asset Managers, Private and Institutional Investors and Debt, Capital Markets and Corporates.
