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 History
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.
1976
1986
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.
1988
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.
1989
We set up our first hedge fund in 1989 which was listed on the Irish Stock Exchange.
2005
The acquisition of Finsource in 2005 allowed us to offer sophisticated institutional fund administration services globally from South Africa.
2012
Maitland acquired Admiral Administration, a North American award-winning hedge fund administrator.
2014
Maitland’s Luxembourg office introduces Manco services.
The Luxembourg fund services offering for alternative assets expands.
2015
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).
2017
Maitland acquired R&H Fund Services (Guernsey) Limited.
Maitland is now the largest fund administrator in South Africa.
2018
Maitland initiated it’s robotic process automation (RPA) journey.
2020
MUFG Investor Services acquired select divisions of Maitland’s fund administration business in the Cayman Islands, Halifax, and Dublin.
2021
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.
2022
Apex group acquired Maitland’s fund administration and third-party management company businesses leaving the residual Maitland as purely an investment holding group.
