Aztec Group, a UK-based fund administration business, has opened a new office in Amsterdam, Netherlands.

The Amsterdam office will provide clients with access to Aztec’s wide range of fund and corporate services from the Netherlands region.

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The new office will be the firm’s sixth operational office and follows the opening an office in Stockholm earlier this year.

The new office will be led by a senior member of the Aztec team, Andreas Demmel, who previously worked at the Aztec Group Luxembourg office for three years.

Demmel will work together with Marc Hollander who has worked in Amsterdam in the financial services sector for over 20 years.

Edward Moore, CEO of the Aztec Group, said: “To maintain the service standards our clients know us so well for we take the opportunity to launch new offices with experienced Aztec staff who understand this commitment. As a business known for our strong offshore presence, we feel this further adds to our onshore capabilities and supports our comprehensive offering to the funds and SPV market.”

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Andreas Demmel said: “As we see an increasing trend for clients to leverage on outsourcing solutions across multiple onshore and offshore locations, we feel we are well placed to meet their needs with a number of focused solutions, delivered by knowledgeable teams and underpinned by best of breed technology.”

Aztec Group offers a wide range of closed ended asset structures, including private equity, venture capital, real estate, asset leasing, debt instruments and infrastructure.