Investment firm IQ-EQ set to acquire Gordian Capital's fund platform
IQ-EQ Acquires Gordian Capital to Expand Asia Presence
IQ-EQ, a leading investor services group, has announced the purchase of Gordian Capital, a pioneering institutional cross-border fund platform and fund solutions provider in Asia. The deal is anticipated to close soon, contingent on the fulfillment of standard closing conditions and has secured clearances from the Monetary Authority of Singapore and the Securities and Futures Commission of Hong Kong.
Established in the Cayman Islands in 2004 and Singapore in 2005, Gordian Capital manages US$17 billion with a 77-member team across Singapore, Tokyo, Hong Kong, Shanghai, and Melbourne. The acquisition allows IQ-EQ to leverage Gordian's extensive client base, which includes global and regional asset managers, sovereign wealth funds (SWFs), development finance institutions (DFIs), family offices, and corporates invested in diverse strategies such as private equity, real estate, venture capital, private credit, infrastructure, hedge funds, and others.
Gordian will operate under its existing name until the second quarter of 2026, when it will rebrand as IQ-EQ. Mark Voumard, CEO and co-founder of Gordian, will continue to lead the firm and join IQ-EQ's senior leadership team in Asia. The acquisition is a significant milestone in IQ-EQ's growth strategy, according to IQ-EQ Group CEO Mark Pesco, and represents a major strategic advancement in the Asia institutional cross-border fund market.
This strategic move strengthens IQ-EQ's presence in Asia's institutional cross-border fund market, consolidating its position as a leading investor services group in the region. Asia has long been a key region for IQ-EQ, and the addition of Gordian Capital, alongside their recent acquisition of AMAL Group, underscores their commitment to expanding their presence and capabilities in this dynamic market.
IQ-EQ's portfolio company, IQ-EQ, has also recently acquired South Watch from Everlane Equity Partners and principal employee shareholders. South Watch focuses on fund administration, outsourced CFO services, and tax preparation for hedge fund managers in the US and Cayman Islands.
Voumard was attracted to IQ-EQ for its market leadership and firm-wide focus on people and client service excellence. The acquisition is expected to enhance IQ-EQ’s competitiveness by combining Gordian’s pioneering cross-border platform expertise with IQ-EQ’s global infrastructure, potentially enabling more seamless fund launches and management for institutional clients investing cross-border in Asia. This positions IQ-EQ to capture growing demand for institutional investment solutions across the region’s rapidly evolving private markets ecosystem.
- The acquisition of Gordian Capital by IQ-EQ will allow them to tap into Gordian's extensive client base, which includes family offices, global and regional asset managers, and corporates invested in various strategies such as private equity, hedge funds, and AI-driven wealth management.
- With the acquisition of both Gordian Capital and South Watch, IQ-EQ's portfolio company is now better equipped to provide institutional investment solutions across Asia, leveraging Gordian's cross-border platform expertise and South Watch's focus on fund administration, CFO services, and tax preparation.
