Astorg-backed IQ-EQ has acquired Gordian Capital, Asia’s first and largest institutional cross border fund platform and fund solutions provider.
Established in Cayman in 2004 and in Singapore in 2005, Gordian’s 77-member team operates from offices in Singapore, Tokyo, Hong Kong, Shanghai, and Melbourne – currently managing $17bn of which 96% is derived from institutional investors.
Its client base consists of global and regional asset managers, internal and external investment teams, SWF’s, DFI’s, family offices and corporates, investing in private equity, real estate, venture capital, private credit, infrastructure, hedge fund, absolute return, and long only strategies.
Subject to approval by the Dubai Financial Services Authority it plans further expansion into the Middle East. Having launched 115 funds over the last 20 years this acquisition adds further strength and depth to IQ-EQs global business providing clients with a range of additional products and services delivered by a highly experienced global team.
CEO and co-founder Mark Voumard will continue to lead the business and will join IQ-EQs Asia senior leadership team ensuring continuity of the day-to-day delivery of services. The business will go to market as Gordian Capital, part of IQ-EQ until Q2 2026 when the business will rebrand as IQ-EQ.
Since Astorg’s acquisition in 2016, the private equity firm has supported IQ-EQ’s long-term growth strategy, helping the company become a global leader in investor services. In 2022, Astorg raised a €1.3bn continuation fund to provide additional capital for IQ-EQ’s ambitious growth plans.
Gordian is fully regulated, holding a CMS issued by MAS (Singapore), is registered with the SEC (US) as a RIA, registered with the NFA (US) as a CTA, registered with SEBI (India) as a Category I FPI, registered with the CBI (Ireland) as an Investment Manager, approved by China’s CSRC as a QFII, holder of a full DIM license issued by the FSA (Japan), holder of a Type 9 Asset Management and Type 4 Advisory license issued by the SFC (Hong Kong) and operates as an Authorised Corporate Representative under an AFSL registered with ASIC (Australia). Given its heavily regulated status, the business will operate with a high degree of independence and strict information and ethical firewalls.
The transaction has received regulatory approval from the Monetary Authority of Singapore (MAS) and the Securities and Futures Commission of Hong Kong (SFC) and is expected to close shortly, subject to customary closing conditions.
