Company News Online Sources 01 Jan 2026 views ( )

Ascentium Acquires Marbury to Expand Fund Administration Capabilities

Singapore-headquartered Ascentium, a global leader in business services, is pleased to announce the successful acquisition of Marbury, a Hong Kong-based provider of corporate advisory and fund administration services.

This strategic acquisition further solidifies Ascentium’s position as an integrated fund and corporate services provider across Asia-Pacific and marks a significant milestone in the company’s expansion of capabilities across key jurisdictions.

Marbury brings deep expertise in private equity fund administration, recognized for its technical excellence and experienced team. Its operations span Hong Kong SAR, the British Virgin Islands, the Cayman Islands, Bermuda, and Singapore—jurisdictions that align closely with Ascentium’s existing footprint, enabling seamless cross-border solutions for clients.

Under the integration plan, Marbury’s fund administration services will be migrated to FIS, a leading fintech platform, to support client onboarding, fund management, and compliance workflows. This investment underscores Ascentium’s commitment to combining trusted professional expertise with purpose-driven technology to continuously enhance the client experience.

Lennard Yong, Founding Management Team Member and Group CEO of Ascentium, said: “We warmly welcome Marbury into the Ascentium family. Their deep market knowledge, service-oriented culture, and strong reputation are highly aligned with our own values. This acquisition not only strengthens our fund administration offering but also significantly enhances our ability to support clients operating across multiple jurisdictions.”

Chris Dutka, Managing Director of Marbury, added: “Joining Ascentium presents an exciting new chapter for Marbury. Our dedicated team and client relationships remain unchanged, but we now benefit from a stronger global platform, more advanced technology, and a broader suite of services. We look forward to delivering even greater value to our clients.”

Duncan Smith, Chairman and Founder of Marbury, concluded: “I’m thrilled to see Marbury take this important step by becoming part of Ascentium. After meeting Lennard and his leadership team, I am confident this move will bring positive transformation—not just for our clients, but for the industry at large. Together, we will build a more powerful platform that blends deep expertise with cutting-edge technology to deliver exceptional fund solutions globally.”

The acquisition further enhances Ascentium’s capabilities across corporate services, finance and accounting, fund administration, human resources, and trust services—delivering a more comprehensive and elevated experience for clients.

This transaction reflects Ascentium’s long-term strategy of bringing together high-quality businesses, top-tier talent, and leading technology to offer superior client solutions. It follows previous acquisitions including Harneys Fiduciary, InCorp Global, Links International, and Virtuzone. Today, Ascentium operates in 23 markets across 45 cities worldwide, with a team of over 2,500 professionals serving more than 60,000 client entities.