Ocorian to acquire A-pass from Capricorn Capital Partners.

Ocorian, a global provider of services to financial institutions, asset managers, corporate and high net-worth individuals, agreed to acquire A-pass, a corporate services provider, from Capricorn Capital Partners, the Hong Kong arm of the family-owned global direct private investment business, Capricorn Capital Group. Financial terms were not disclosed. “This is a strategic move for us and reflects our view that Asia is a key global growth market. A-Pass is highly complementary to Ocorian, both in terms of capabilities and clients, and we have a shared ethos of excellent client service. A-Pass has a very strong management team and I am delighted that they will continue to lead the business and play a key role in our continued growth across the region,” Frederik van Tuyll, Ocorian Chairman and CEO.