Platform provider FNZ has completed the acquisition of specialised wealth provider Diamos, following the announcement it made in September.
FNZ said the addition of Diamos would further strengthen its global client proposition and represented a further investment by FNZ into Europe. FNZ will employ more than 1,000 people across Germany, Austria and Switzerland, and over 5,000 globally upon completion. With more than 100 employees, Diamos' team will provide FNZ with technology expertise in fund administration and alternative investments, along with domain expertise, the firm said. FNZ group chief executive (CEO) Adrian Durham said: "I am delighted to welcome our new colleagues from the Diamos team into FNZ. "This ...
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