Global conglomerate Sunterra finalizes acquisition of Khepri
Suntera Global, a leading provider of fund, corporate, and private wealth services, has announced the acquisition of Khepri, a fund administration and corporate services provider based in London. This strategic move significantly strengthens Suntera's international footprint and broadens its service offerings, aligning with an ambitious growth strategy aimed at better supporting institutional clients.
The acquisition helps Suntera expand its capabilities, particularly in the areas of digital infrastructure for asset management and fund administration. This move enables Suntera to offer more modern, digitally enabled solutions to its clients, supporting both legacy and tokenised fund management simultaneously, an important step in evolving their service model.
Suntera employs some 500 specialists supporting a global client base from offices in multiple locations, including the Bahamas, the Cayman Islands, Hong Kong, the Isle of Man, Jersey, Guernsey, Luxembourg, the UK, the USA, and now, with the addition of Khepri's team, the UK. Khepri manages a total of £6 billion in assets under management (AUM) for clients, primarily working with UK-based managers in venture capital, emerging private equity, and real estate.
While the initial costs of developing advanced digital infrastructures can be high, partnering with service providers for digital custody and fund administration reduces expenses on Suntera’s side. This move enables Suntera to address industry challenges such as fee compression and the growing importance of tokenisation by enhancing its digital service capabilities.
The acquisition of Khepri follows announcements earlier in 2025 of Suntera's debt refinancing facilitated by Carlyle and a majority equity stake taken by Valeas Capital Partners. Valeas Capital Partners took a majority stake in Suntera's business in May 2025, injecting equity capital. Carlyle provided support for Suntera's debt refinancing, announced in April 2025, with a focus on supporting organic and acquisition-driven growth.
Suntera focuses on institutional client services across various alternative asset classes and jurisdictions. The company offers fund, company, and trust administration, outsourced compliance, accounting, and tax services. The acquisition of Khepri by Suntera Global is not mentioned to have any significant financial details disclosed, nor any immediate impact on either company's operations or services.
The acquisition of Khepri by Suntera Global is not mentioned to have any specific ownership or partnership changes, beyond Valeas Capital Partners taking a majority equity stake. Khepri is headquartered in London and licensed in the UK by the FCA and HMRC. The company's services, which include investor onboarding, hosted fund management, regulatory reporting, appointed representative and compliance consulting, as well as a broad range of corporate secretarial, bookkeeping, and accounting services, are expected to complement Suntera's existing offerings.
The acquisition of Khepri by Suntera Global is not mentioned to have any immediate impact on Khepri's operations or services, beyond adding a vital capability for Suntera in the UK. Suntera is advised by Farrer & Co on complex tax and legal structuring related to this acquisition, which suggests a careful, compliant expansion into cross-border markets, further solidifying its international presence.
In summary, the Khepri acquisition accelerates Suntera’s international expansion and enhances its service offering by integrating cutting-edge digital infrastructure, making it better equipped to manage future asset growth and evolving client demands in a tokenised and digital-first investing environment.
Suntera Global, in its pursuit of growth, aims to enhance its digital service capabilities through the acquisition of Khepri, reduction of expenses by partnering for digital custody and fund administration, and addressing industry challenges such as fee compression and the growing importance of tokenisation.
The acquisition of Khepri by Suntera Global integrates the advanced digital infrastructure of Khepri, thereby enabling Suntera to offer more modern, digitally enabled solutions to its clients for both legacy and tokenised fund management.
