ZEDRA, the Switzerland-headquartered fund and corporate solutions provider, has signed a sales and purchase agreement to acquire Atlas Fund Services, a privately held fund administrator. The deal is subject to regulatory approval by the Centrale Bank of Curaçao and Sint Maarten.
Founded in 2006, Atlas Fund Services provides alternative investment fund services to U.S.-based investment managers from its office in Charlotte, North Carolina, as well as family offices and investment managers located in Europe, U.S., and Latin America from its office in Willemstad, Curaçao. Earlier this year, ZEDRA acquired BFCS, the fund and corporate services arm of Banque Internationale à Luxembourg, which provides corporate and fund services.