Jersey headquartered JTC buys $16bn AUM firm in US

clock • 3 min read
Jersey headquartered JTC buys $16bn AUM firm in US

Global professional services business JTC has acquired US-based SALI Fund Services (SALI) which has over $15.8bn in assets under management. Founded in 2002, Texas-headquartered SALI provides a solution for the creation and administration of Insurance Dedicated Funds (IDF's) and Separately Managed accounts (SMAs) and has over $15.8bn of Assets under Management (AuM). The business is headquartered in Austin, Texas. IDFs are investment vehicles that enable a broad range of alternative inv...

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