JTC to acquire Blackheath

JTC, the C.I.-based fund and corporate services business, has agreed to acquire Blackheath Capital Management LLP, an asset management business based in the UK. The transaction is subject to various closing conditions and final regulatory approvals and is expected to close during Q1 2024. Formed in 2010, Blackheath provides bespoke management and regulatory oversight services to investment funds, and also offers ManCo services as an AIFM. Blackheath is being acquired from its partners, Stephane Carty and Simon Monson.

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