MJ Hudson buys Guernsey-based Saffery Champness
MJ Hudson has bought Guernsey fund administrator Saffery Champness Fund Services (SCFS) for £2.8m.
Established in 2007, SCFS provides fund administration and fund accounting as well as valuation and corporate secretarial work. Based in the UK and northern Europe, SCFS’ largely alternative asset clients have a combined AUM of £418m. For the 12-month period to March 2021, SFCS generated revenues of £1.4m.
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