The Aztec Group has won the ‘Fund Administrator of the Year’ award at the 2011 Unquote British Private Equity Awards held on 22 September 2011 at the Mayfair Millennium Hotel in London. These awards honour innovation and excellence within the private equity industry.
All entries were assessed by the Unquote Advisory Panel, made up of industry experts, to determine a shortlist which was then open to voting. A combination of both the Advisory Panels review and voting determined the final result. The Unquote Advisory Panel commented “The Aztec Group have real energy coming out of them and are service-led rather than system–led, like some others. They excel in personal relationships – if you have something tricky, you absolutely want Aztec.”
Commenting on the award, Aztec Group’s CEO and Co-founder, Edward Moore said, “This award demonstrates the ten years of success of the Group and recognises our place as the leading player in fund administration. The award celebrates the focus, hard work and dedication of our teams across the entire Group and, it is apparent that the Aztec Group is held in high regard by the industry for the exceptional standards of service it consistently delivers. Our skilled and loyal staff, hugely supportive client base and strong network of business associates, have all been instrumental in the evolution of the business over the past ten years.”
The Aztec Group was founded in Jersey ten years ago to take advantage of a service gap that was perceived amongst existing institutional and tied administration providers. A successful business model underpinned by an aggressive growth strategy has seen the Group open offices in three additional prime funds’ locations. Their second office opened in Guernsey in 2006, followed by Luxembourg in 2007 and London in 2008, with a fully operational UK presence in 2010.
The Group now employs over 100 staff across the five offices and prides itself on a skilled and stable workforce. The business has excellent staff retention which has been maintained year on year in the mid 90’s in percentage terms. This combined with the fact the majority of client facing staff are professionally qualified has attracted a strong and diverse client base from across Europe.
The Aztec Group has seen its funds under management grow by around 20% to over $31 billion in the last 12 months, with the take on of nine new clients include major industry names such as Henderson Global Investors, Inflexion Private Equity and PPM Managers.