Euroclear has agreed to acquire MFEX Group, the global digital fund distribution platform that is majority owned by Nordic Capital. Established in 1999, the MFEX Group is headquartered in Stockholm with over 300 employees internationally. MFEX offers a complete solution for fund companies and distributors and has EUR320bn AuA. Over 350 institutional clients use MFEX to access one of the world’s largest range of funds, with 80,000 funds from over 960 fund companies. The parties have agreed not to disclose financial details. The transaction is expected to close in the second half of 2021, subject to customary closing conditions and regulatory approvals.
