Skip to content
International Adviser
  • Contact
  • Subscribe
  • Regions
    • United Kingdom
    • Middle East
    • Europe
    • Asia
    • Africa
    • North America
    • Latin America
  • Industry
    • Tax & Regulation
    • Products
    • Life
    • Health & Protection
    • People Moves
    • Companies
    • Offshore Bonds
    • Retirement
    • Technology
    • Platforms
  • Investment
    • Equities
    • Fixed Income
    • Alternatives
    • Multi Asset
    • Property
    • Macro Views
    • Structured Products
    • Emerging Markets
    • Commodities
  • IA 100
  • Best Practice
    • Best Practice News
    • Best Practice Awards
  • Media
    • Video
    • Podcast
  • Directory
  • My IA
    • Events
    • IA Tax Panel
    • IA Intermediary Panel
    • About IA

ANNOUNCEMENT: Read more financial articles on our partner site, click here to read more.

JTC lists on London Stock Exchange

By Kirsten Hastings, 14 Mar 18

A week after it announced plans to undertake an initial public offering, Jersey-headquartered JTC raised £243.8m ($340m, €275m) from institutional investors and was admitted to the LSE on Wednesday.

AJ Bell considers IPO - report

The fund, corporate and fiduciary services company has a 30-year track record and a presence in 17 jurisdictions across Africa, the Americas, Asia Pacific, the British Isles, the Caribbean and Europe.

This latest milestone in JTC’s history represents a move away from being a private equity-backed company to a public company.

The firm received investment from CBPE Capital in 2012 to enable its global expansion. However, as part of the IPO, CBPE has relinquished its shares.

JTC chief executive Nigel Le Quesne said the IPO was the “next logical step in our strategy and will create a long-term capital base for the business”.

“The IPO will provide us with access to the capital markets, as we look to deliver future growth, both organically and through our targeted acquisition strategy, in a sector which we view as ripe for consolidation.”

Tags: JTC Group

Share this article
Follow by Email
Facebook
fb-share-icon
X (Twitter)
Post on X
LinkedIn
Share

Related Stories

  • Handcuffs over newspaper with the word fraud

    Industry

    Guernsey regulator warns over fake documents linked to advance fee fraud scheme

    Algarve

    Europe

    DeVere Portugal opens Algarve office amid rising demand for cross-border advice

  • Two businessmen successfully signed a contract

    Industry

    Opera Group acquires Accuro and Meritus to expand international presence

    Chris Ball

    Companies

    Hoxton Wealth partners with BNY Pershing to enhance platform experience


NEWSLETTER

Sign Up for International
Adviser Daily Newsletter

subscribe

  • View site map
  • Privacy Policy
  • Terms and Conditions
  • Contact

Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.