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Industry news

Ocorian completes the acquisition of E78 Fund Solutions


07 August 2025 US
Reporter: Zarah Choudhary

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Image: Amonthep/stock.adobe.com
Ocorian, a global asset servicer to both asset managers and asset owners, has announced the completion of the acquisition of E78 Fund Solutions from Element 78 Partners.

This is its second US acquisition in the last 12 months.

The acquisition, which was finalised earlier this week, will see E78 Fund Solutions rebrand to Ocorian later this year, by adopting the Ocorian name and brand identity in October.

The E78 Fund Solutions management team will also become part of Ocorian.

Vince Calcagno — E78 Fund Solutions partner and executive managing director — has become Ocorian’s head of growth for the US, and Paul Fitzpatrick — partner and senior managing director at E78 Fund Solutions — has become the head of fund operations for the US.

Chantal Free, chief executive officer at Ocorian, says: “E78 Fund Solutions’ comprehensive suite of outsourced chief financial officer solutions, fund administration, tax and compliance services for alternative fund managers, combined with a strong presence in key US regions close to our clients, makes this a great partnership for Ocorian.”

Calcagno adds: "We are thrilled to have officially become part of the Ocorian family. This acquisition represents a tremendous opportunity for us to enhance our capabilities and deliver even greater value to our clients in both the US and in international markets.

“We are committed to ensuring a seamless transition and maintaining the high standards of excellence that our clients have come to expect."
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