JTC acquires INDOS
JTC has bought independent alternative investment funds specialist INDOS for £12.5m.
Founded in 2012, INDOS provides depository, ESG and anti-money laundering (AML) oversight services to the alternative funds sector. As of December 2020, INDOS’ client assets under depositary oversight totalled $35bn, while the firm’s AML officer clients totalled $11bn. INDOS has two UK offices (London and Fareham) and one in Ireland.
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