IQ-EQ, part of the Astorg portfolio, has acquired Gordian Capital, Asia’s leading institutional cross-border fund platform. Serving asset managers, sovereign wealth funds, family offices, and corporations, Gordian invests in private equity and real estate.
Founded in 2004 in the Cayman Islands and in 2005 in Singapore, Gordian has a team of 77 across offices in Singapore, Tokyo, Hong Kong, Shanghai, and Melbourne. It manages $17 billion in assets, with 96% of the assets coming from institutional investors, and plans to expand into the Middle East pending regulatory approval.
Mark Voumard, CEO and co-founder, will lead Gordian as part of IQ-EQ’s Asia leadership team, operating under the Gordian Capital name until its rebranding in Q2 2026.
Since its acquisition by Astorg in 2016, IQ-EQ has become a leader in investor services, supported by a €1.3 billion continuation fund raised in 2022. This acquisition further strengthens its global expansion efforts.
KEY QUOTES:
“This acquisition represents a significant milestone in IQ-EQ’s growth strategy, further solidifying our strong market position in the Asia Pacific region. Asia has long been a key region for IQ-EQ, and the addition of Gordian Capital, alongside our recent acquisition of AMAL Group, underscores our commitment to expanding our presence and capabilities in this dynamic market. The combined expertise and reach of our expert teams will enable us to offer unparalleled services and support, fostering growth and innovation across the region. Congratulations to everyone involved in this transaction and a big IQ-EQ welcome to Mark and the extended Gordian Capital team.”
Mark Pesco, Group Chief Executive Officer at IQ-EQ
“This transaction is hugely significant for us as it transforms us into the market leader in the fund platform business in Asia Pacific. It allows us to offer our fund, corporate and family office clients globally a path to regulated market entry into Asia and over time, the Middle East, along with sophisticated fund structuring and operational capabilities. With fully licenced operations in Asia’s three key financial centres, Singapore, Tokyo and Hong Kong and extensive cross border expertise, I am excited about the opportunities ahead.”
Sridhar Nagarajan, Regional Chief Executive Officer, Asia, Middle East and Africa at IQ-EQ
“I’m delighted to announce this game-changing deal, which we at Gordian feel is a perfect strategic fit for our business. We were attracted to IQ-EQ not just for its impressive market leadership but their firm wide focus on people and delivering best in class client service excellence sealed the deal. Becoming part of a global powerhouse of nearly 6,000-people operating across 25 jurisdictions unlocks significant opportunities for the Gordian team and for our clients who will continue to receive the same high touch personalised service and benefit from the strength and reach of a multinational group.”
Mark Voumard, co-founder and CEO of Gordian Capital and newly appointed Managing Director, Head of Fund Platforms and Solutions, Asia and Middle East at IQ-EQ
