IQ-EQ Acquires Gordian Capital

IQ-EQ Acquires JGM Fund Services

September 7, 2022

Financial Services

IQ-EQ, an Astorg‑backed global investor services group, has acquired JGM Fund Services, a U.S. provider of fund administration and tax services focused on real estate and private equity managers. The deal expands IQ‑EQ’s U.S. footprint and capabilities, growing its U.S. workforce and reinforcing its position in the alternative fund services market.

IQ-EQ (Astorg-backed) Acquires Davy Global Fund Management

July 22, 2021

Financial Services

IQ-EQ, backed by private equity firm Astorg, has agreed to acquire Davy Global Fund Management (DGFM) from Davy Group, subject to regulatory approval, with completion expected by end of 2021. The deal brings DGFM’s fund management and Real Estate ManCo capabilities into IQ-EQ’s Irish business (DGFM will rebrand to IQ-EQ) and expands IQ-EQ’s fund administration, corporate administration and portfolio management scale in Ireland.

Astorg-Backed Continuation Fund Acquires IQ-EQ with Commitments from AlpInvest and Goldman Sachs Vintage Funds

January 13, 2022

Financial Services

Astorg formed a €1.3bn continuation fund, backed by AlpInvest, Goldman Sachs Asset Management (Vintage Funds) and other limited partners, to acquire IQ-EQ—the last remaining asset in Astorg V. The continuation fund includes significant equity contributions from the IQ-EQ leadership team and will provide capital to support IQ-EQ's organic growth initiatives and future acquisitions.

IQ-EQ Acquires Greyline Partners

November 17, 2021

Professional Services

IQ-EQ, the investor services group, has acquired Greyline Partners, a U.S.-based governance and regulatory compliance provider. The deal expands IQ-EQ's U.S. capabilities and footprint—Greyline brings ~56 employees across six offices and complementary outsourced compliance, middle-office and finance services to IQ-EQ's alternative-asset client base.

IQ-EQ Acquires Constellation Advisers LLC

January 5, 2021

Financial Services

IQ-EQ, an Astorg-backed investor services group, has completed the acquisition of Constellation Advisers LLC, a U.S.-based outsourced and co‑sourced investment management services provider. The deal expands IQ-EQ’s U.S. footprint and capabilities in fund administration, outsourced CFO/COO services and regulatory compliance, adding Constellation’s ~115 professionals across six U.S. offices to IQ-EQ’s combined U.S. platform.

IQ-EQ Acquires Lymon PTE and ComplianceAsia

June 27, 2023

Professional Services

IQ-EQ, an Astorg-backed investor services group, has acquired Singapore-based Lymon PTE and ComplianceAsia to strengthen and expand its regulatory compliance business across Asia Pacific. The two firms (combined ~101 FTE) will be integrated into IQ-EQ's Fund and Asset Managers segment to broaden compliance capabilities and client access across the region and globally.