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Industry news

Ocorian acquires E78


03 June 2025 US
Reporter: Clelia Frondaroli

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Image: rudi1976/stock.adobe.com
Ocorian is set to acquire the fund solutions division of Element 78 (E78), a Chicago-based professional services provider.

The acquisition will combine the E78 fund solutions team with Ocorian’s existing global fund services business, and add to their existing offering of fund administration, regulatory compliance, and tax services.

The agreement also intends to strengthen Ocorian’s presence in the US, which Chantal Free, the firm’s CEO, says is an “incredibly important region for our clients, who increasingly look to us to support them with globally consistent, expert-led and technology-enabled solutions across the globe.”

Vincent Calcagno, executive managing director at E78 Fund Solutions, further adds: “I’m confident that our new partnership will enable us to accelerate our growth ambitions and enhance our value proposition for all our clients, all while enabling us to provide top-tier solutions in more locations.”

The transaction remains subject to regulatory approval.
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