Maitland’s founder Eric Pfaff, a specialist tax lawyer for South African law firm Webber Wentzel, opened our first office in Luxembourg on 13 January 1976.
Our journey began in Luxembourg in 1976 with just two people and over the course of four decades, over 3,000 talented employees in multiple jurisdictions passed through our doors. Our longevity, from inception to the final acquisition of our remaining business in 2022, was the result of our strong values, collaborative culture, and commitment to our clients.
The name Maitland was adopted in 1986 and came from Fiduciare Maitland, our first ever acquisition.
We also opened an office in Guernsey in 1986.
In anticipation of the UCITS directive being adopted by Luxembourg in March 1988, we established a SICAV called Royal Trust Assetmix – one of the first of such funds.
In 1988 we opened our London office.
We set up our first hedge fund in 1989 which was listed on the Irish Stock Exchange.
The acquisition of Finsource in 2005 allowed us to offer sophisticated institutional fund administration services globally from South Africa.
Maitland acquired Admiral Administration, a North American award-winning hedge fund administrator.
Maitland’s Luxembourg office introduces Manco services.
The Luxembourg fund services offering for alternative assets expands.
In June 2015, Maitland acquired leading UK-based fund administrator Phoenix Fund Services. This acquisition extended our Fund Administration and Transfer Agency offering and increased our scope of services in the UK to include ManCo and CoSec (Investment trusts).
Maitland acquired R&H Fund Services (Guernsey) Limited.
Maitland is now the largest fund administrator in South Africa.
Maitland initiated it’s robotic process automation (RPA) journey.
MUFG Investor Services acquired select divisions of Maitland’s fund administration business in the Cayman Islands, Halifax, and Dublin.
Stonehage Fleming acquired Maitland’s Private Client and Corporate Services business. This transaction was a key step in the refinement of Maitland’s services offering which is now dedicated to Fund Services and Management Company Services.
Apex group acquired Maitland’s fund administration and third-party management company businesses leaving the residual Maitland as purely an investment holding group.