![]() ![]() ![]() “We are excited to join forces with IQ-EQ and look forward to our journey ahead. Blue River’s entrepreneurial approach and clear commitment to delivering client service excellence make them a natural fit and an important part of our future US expansion plan.” This deal marks a significant milestone for the IQ-EQ team and another important step in our long-term strategic growth plan. “I am delighted to welcome Mark, Mickey and the wider Blue River team to IQ-EQ and am confident that together we will make a truly formidable team. Speaking on the completion of the deal, Mark Pesco commented: Now that the transaction has completed, integration of the two businesses will begin immediately. Fellow Blue River founding partner, Michael Minces, IQ-EQ’s Group Chief Executive Officer, Mark Pesco, and IQ-EQ’s Group Head of Funds, Justin Partington, will join him on the board of the US business. With immediate effect Mark Fordyce, CEO and founding partner of Blue River Partners, will assume the role of CEO Blue River Partners, part of IQ-EQ, overseeing the 200-strong US operation, and will take up his position as part of the Group’s executive leadership team. As such, IQ-EQ will retain the Blue River Partners brand and continue to market its services in the US as ‘Blue River Partners, part of IQ-EQ’. ![]() The combination of IQ-EQ’s worldwide network and Blue River’s broad service offering creates an industry-leading alternative fund administration and outsourced services provider in the US, offering clients the benefits of an extended range of services, growth and future opportunities across all key markets.īlue River Partners is a long established brand in the US market having built up an enviable reputation over the last 10 years. The transaction significantly strengthens IQ-EQ’s existing presence in the US, the largest and fastest growing fund administration and regulatory compliance market in the world, and further cements our position as one of the top four investor services providers globally. The newly combined IQ-EQ US operation brings together a highly experienced team of 200 funds professionals servicing more than 500 clients across the US from seven office locations: Dallas, Fort Worth, Houston, Austin, New York City, Chicago and San Francisco. The acquisition of Blue River marks the Group’s latest strategic acquisition our first in the US private equity and hedge fund services space. ![]() IQ-EQ is pleased to announce the successful completion of our acquisition of Blue River Partners (“Blue River”), the leading US-based provider of outsourced solutions to alternative asset managers, following receipt of all necessary regulatory approvals. ![]()
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