Aztec Group, a C.I.-based alternative fund and corporate services provider, has added Warburg Pincus as a strategic partner, which will see Warburg Pincus as both a minority shareholder and client of the group. This investment, subject to the relevant regulatory approvals, will support Aztec’s expansion as it moves beyond Europe to become a global player in the U.S. market and beyond. Founder and chairman, Edward Moore, will remain the group’s majority shareholder. Aztec employs over 2,100 people, with >EUR600bn (USD663bn) AuA for 450 funds. With >USD83bn AuM, Warburg Pincus intends to use Aztec as the preferred partner for certain fund administration services across its global footprint.
