Acclime acquires Boutique Capital after receiving FIRB approval
Latest news
Acclime acquires Boutique Capital after receiving FIRB approval 07 July 2025Australia Reporter: Zarah Choudhary
Image: Mongkolchon/stock.adobe.com
Acclime, a provider of corporate governance and advisory services with operations across Asia, Australia, and key global markets, will now be acquiring Boutique Capital after receiving approval from the Foreign Investment Review Board (FIRB). Boutique Capital is a North Sydney-based specialist in fund incubation and wholesale fund services.
The firm says the move expands Acclime's capabilities in fund establishment and administration, and will strengthen its position as a partner to both domestic and international fund managers operating in Australia and New Zealand.
Boutique Capital offers end-to-end services including licensing, trustee, legal, compliance, registry, investor support, AML/KYC compliance, FATCA/CRS reporting, tax compliance and fund accounting.
This acquisition comes as part of Acclime's ongoing expansion in the region including recent integrations of Bedford in Australia, and The Advisory Group and Rockburgh Fund Services in New Zealand.
Izzy Silva, group CEO of Acclime, says: “This acquisition represents another transformative step for Acclime in Australia. By bringing exceptional specialist firms into our fold, we're expanding our capabilities and empowering our clients to thrive both locally and throughout the region.”
Randolph van der Burgh, regional managing director for Australia and New Zealand adds: “Boutique Capital brings specialist fund knowledge and a strong client-centric culture. They are a great fit for Acclime, and we are delighted to welcome the team into our Asia Pacific fund services group.”
Tim Baker, managing director of Boutique Capital, says: “We've always aimed to provide clients with responsive, tailored fund solutions. Becoming part of Acclime gives us the scale to do more for our clients while giving them access to enhanced governance and cross-border advisory capabilities.”
The Boutique Capital team has moved into Accline’s North Sydney office and the business will now operate under the brand.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Mongkolchon/stock.adobe.com 