M and A
Deals Of The Day: The Latest In Wealth Management M&A – IQ-EQ, Gordian Capital
The latest mergers, acquisitions and other corporate actions in the wealth management sector.
IQ-EQ, the international investor services group, has bought Gordian Capital, an institutional cross-border fund platform and fund solutions provider in Asia.
Gordian’s CEO and co-founder Mark Voumard will continue to lead the business and will join IQ-EQ’s Asia senior leadership team. The business will go to market as “Gordian Capital, part of IQ-EQ,” until it rebrands as IQ-EQ in the second quarter of 2026.
The financial terms were not disclosed. WealthBriefingAsia has contacted IQ-EQ for clarification and may update this article in due course.
The Gordian business was founded in the Cayman Islands in 2004 and established in Singapore in 2005. It has a team of 77 people, operating from offices in Singapore, Tokyo, Hong Kong, Shanghai and Melbourne. It manages $17 billion, almost all (96 per cent) from institutional investors.
Subject to approval by the Dubai Financial Services Authority, Gordian plans to expand into the Middle East. The firm has launched 115 funds over the last 20 years. Clients include global and regional asset managers, internal and external investment teams, sovereign wealth funds, family offices and corporates. Investments include private equity, real estate, venture capital, private credit, infrastructure, hedge fund, absolute return and long-only strategies.
Gordian holds a CMS issued by the Monetary Authority of Singapore and registered with the US Securities and Exchange Commission; it also holds registrations of various approvals in India, Ireland, China, Japan, Hong Kong and Australia.
The Monetary Authority of Singapore and the Securities and Futures Commission of Hong Kong have granted approval of IQ-EQ’s acquisition of Gordian, and the deal is expected to close shortly, subject to customary closing conditions.
IQ-EQ’s other acquisitions in 2025 include its purchase of Agama Group (announced in February) in Luxembourg and France, and the acquisition (announced in April) of AMAL Group, a business in Australia and New Zealand. The latter acquisition is subject to regulatory clearance.