Sign up for free newsletter


Jersey flag

Sanne Group acquires State Street’s capital markets corporate administration business

Sanne Group is to acquire the capital markets corporate administration business of State Street Jersey, further strengthening the group’s corporate and debt administration services to institutional customers.

Pending regulatory approvals and other closing conditions, the transaction is expected to complete by the end of April 2013.
The purchase of the capital markets business from State Street, which encompasses 40 specialist staff, is a continuation of Sanne’s strategic focus as an administration business servicing high quality customers.  
Sanne’s service platform is centred on specialist capabilities delivered by experienced and bespoke teams and supported by appropriate technology solutions. State Street’s capital markets corporate business has a strong cultural fit with the group’s existing portfolio while deepening operational capabilities across key service jurisdictions including Jersey, London and Dublin.
The transaction is facilitated in partnership with Inflexion, a private equity investment business, ensuring a strong, debt free capital base from which Sanne’s management team can continue its longer term strategy of building a high quality fiduciary business through organic growth complemented by strategic acquisitions.

The combined group, consisting of three core businesses (corporate and institutional, fund administration and private wealth), will employ approximately 200 people in premier jurisdictions including the Channel Islands, Luxembourg, London, Dublin, Dubai, Hong Kong and Shanghai.

Subscribe to free daily newsletter
Front Office Interest Rates Quant

Fri, 09 Oct 2015 00:00:00 GMT

International Equity Sales Trader

Fri, 09 Oct 2015 00:00:00 GMT

Ph.D - Machine Learning/NLP

Fri, 09 Oct 2015 00:00:00 GMT

2 days 17 hours from now - New York
1 week 1 day from now - Cairo
1 week 1 day from now - Hong Kong
1 week 1 day from now - New York