JTC completed the acquisition of Essential Fund Services.

JTC, a professional services business, completed the acquisition of Essential Fund Services, a provider of broad range of services in the alternative assets space, including accounting, reporting and administrative services to investment partnerships and their investment managers. Financial terms were not disclosed. “The acquisition of EFS is another high-quality addition to our strategically important and fast-growing US business. Gerard and his team have a demonstrable track record of delivering the highest levels of client service and the existing relationship with SALI Fund Services will help to enable further growth for both businesses as part of the Group. We are excited about the future for EFS and extend a warm to welcome Gerard, his team and all of the business’ clients and partners,” Nigel Le Quesne, JTC CEO.