Mazanti-Andersen advises Private Equity Administrators (PEA) as they join Sanne Group PLC

Mazanti Transactions has advised Private Equity Administrators (PEA), a leading private equity fund administrator, as they have entered into an agreement to join Sanne Group PLC (Sanne) during Q1, 2021, pending the regulatory approval from the Guernsey Financial Services Commission.

PEA specialises in providing boutique fund administration and depositary services to alternative fund structures and is headquartered in Denmark with operations in Sweden and Guernsey. PEA was founded in 2007 by its current owners and have been experiencing vast growth from six to over 55 employees and servicing clients with over EUR 25 billion of assets under administration. PEA’s geographic reach covers both onshore and offshore pan-European funds.

London-based Sanne is a listed FTSE 250 business with offices across the Americas, Europe, Africa and Asia-Pacific. It is a leading global provider of alternative asset and corporate services, employing more than 1,800 professionals worldwide. The acquisition of PEA will further expand Sanne's geographical footprint and as Sanne does not have any presence in Denmark or Sweden today, PEA will become Sanne’s Nordic cluster, while the Guernsey offices will merge during 2021.