Corsair Capital invested in ZEDRA Group.

Corsair Capital invested in ZEDRA Group, the global specialist in trust, corporate and fund services. At the close of the transaction, which is expected in 2019, Bart Deconinck, currently Group Deputy Chairman, will become Group Executive Chairman. Financial terms were not disclosed. Mr. Deconinck said, “Corsair’s investment and support is a strong endorsement of ZEDRA’s differentiated value proposition, blue-chip client base, and long-term prospects. Since our acquisition of Barclays’ offshore and onshore trust businesses a little over two years ago, ZEDRA has grown rapidly, building and strengthening our reputation for innovative and independent thinking. With Corsair’s partnership and operational support, we will be able to build on these foundations, while continuing to provide our clients with the service and solutions they have come to expect from ZEDRA"