LONDON, Sept. 3, 2024 /PRNewswire/ -- Aztec Group ("Aztec" or the "Group"), a leading international fund and corporate services provider, has today announced it has welcomed Warburg Pincus, a leading global growth investor, as a strategic partner, which will see Warburg Pincus become a minority shareholder and key client of the Group.Kathryn Purves - Chief Executive Officer, Aztec Group. (PRNewsfoto/Aztec Group)This agreement, which is subject to the relevant regulatory approvals, will support Aztec's long-term ambitions and the expansion of its client services as it moves beyond its strong position in Europe to become a global player in the high-growth U.S. market and beyond.With over $83bn in assets under management (AUM), Warburg Pincus intends to actively use Aztec as the preferred partner for certain fund administration services on an ongoing basis across its global footprint. The investment is a significant endorsement of Aztec's current strategy and future prospects.Having Warburg Pincus on board supports and accelerates Aztec's build out of capacity and capability in the U.S. in particular, ensuring the Group is even better placed to serve its clients

Aztec Group, which specialises in alternative asset classes and administers more than 450 funds and 4,500 entities, selected Fenergo because of a shared vision to drive technology innovation to optimise customer and investor experiences, while ensuring compliance with an ever-growing number of domestic and global regulations.