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TMF acquires Guernsey fund admin Gentoo

by Alice Murray 3 October 2017

Guernsey-based private equity funds administrator Gentoo has been acquired by business services provider TMF Group. The acquisition of $15bn AuM Gentoo forms part of TMF's strategy to develop its private equity and real estate offering, previously consisting of mid-and-back office services such as legal, HR, accountancy and payroll. Founded in 2011, Gentoo has management teams in Guernsey and Luxembourg, employing a total staff of 50.

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