Nigel Lequesne, CEO of JTC; Credit: JTC

JTC,  an independent provider of institutional and private wealth services, has announced the acquisition of Luxembourg-based Exequtive Partners SA. 

A fast-growing, specialist provider of corporate and related fiduciary services, the Luxembourg-based company was established in 2013 and has demonstrated exceptional growth over the past six years. 

Exequtive Partners’ 28 employees will all join the existing Institutional Client Services team at JTC, which this year marks its tenth anniversary of being in Luxembourg, with immediate effect. As well as expanding JTC’s jurisdictional presence in the Grand Duchy, the acquisition also builds on its corporate services capabilities, complements its funds offering and creates greater opportunities for future growth. 

JTC has reiterated its full commitment to Luxembourg and the industry and recently enhanced its fund platform by being granted a depositary license by Luxembourg’s Ministry of Finance. This, coupled with its ManCo service, has significantly strengthened its capabilities in the EU and enables JTC to provide a full ‘one-stop-shop’ offering meeting regulatory and investor requirements.

This latest acquisition forms part of the JTC’s ongoing growth strategy as outlined at its IPO in March 2018 and underlined in the trading update issued on 24 January 2019, with the company continuing to see further opportunities for organic and inorganic growth.   

JTC listed on the main market of the London Stock Exchange in March 2018. It opened an office in Luxembourg in 2009 to provide a European centre for funds and corporate services.