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TMF Group and Farad Group jointly announce the signing of an agreement for the acquisition of Selectra Management Company by TMF Group from Farad Group. Completion of the transaction is subject to regulatory approvals from the Commission de Surveillance du Secteur Financier.
Selectra Management Company ("Selectra") is a regulated management company based in Luxembourg servicing both alternative investment funds (AIFs) and Undertakings for the Collective Investment in Transferable Securities (UCITS). Created in 2013 as part of the service delivery platform Farad Group, Selectra offers a wide range of services acting as an independent professional partner for the creation, management and distribution of AIFs and UCITS for European and non-European promoters. The...
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