Global advisory firm acquires Boutique Capital

Corporate governance and advisory services firm Acclime has acquired Boutique Capital, a North Sydney-based specialist in fund incubation and wholesale fund services.

Acclime said the move significantly expands its capabilities in fund establishment and administration, strengthening its position as a partner to both domestic and international fund managers operating in Australia and New Zealand.

Boutique Capital offers a bespoke approach to fund incubation, offering end-to-end services including licensing, trustee, legal, compliance, registry, investor support, AML/KYC compliance, FATCA/CRS reporting, tax compliance and fund accounting.

This acquisition follows Acclime's ongoing strategic expansion in Australia and New Zealand, including recent integrations of Bedford in Australia, and The Advisory Group and Rockburgh Fund Services in New Zealand.

"This acquisition represents another transformative step for Acclime in Australia," Acclime group chief executive Izzy Silva said.

"By bringing exceptional specialist firms into our fold, we're expanding our capabilities and empowering our clients to thrive both locally and throughout the region."

Acclime regional managing director for Australia and New Zealand Randolph van der Burgh said Boutique Capital brings specialist fund knowledge and a strong client-centric culture.

"They are a great fit for Acclime, and we are delighted to welcome the team into our Asia Pacific fund services group," van der Burgh said.

Boutique Capital managing director Tim Baker said becoming part of Acclime will give the firm the scale to do more for its clients, "while giving them access to enhanced governance and cross-border advisory capabilities."