Maitland Group

Steven Georgala, CEO of the Maitland group since 2006.

Maitland was founded in 1976 in Luxembourg by the late Eric Pfaff, a South African lawyer. The group provided legal and tax expertise to South African corporates, including Anglo American plc and De Beers. In due course the executives of those corporates asked for private client services and they started offering offshore services.[2] In 1982, Maitland acquired a fiduciary business in Geneva.[3]

In 2005, Maitland acquired FinSource, a fund administration company based in Cape Town, South Africa, which allowed them to offer sophisticated institutional fund administration services globally from South Africa.[4]

In July 2012, the firm acquired a management company InterOcean Management Services in Mauritius.[5][6]

In November 2012, the firm acquired Admiral Administration, a hedge fund administrator in the Cayman Islands, along with its hedge fund technology platform "Advent".[7]

In June 2015, Maitland acquired leading UK-based fund administrator Phoenix Fund Services. This acquisition extended the firms Fund Administration and Transfer Agency offering and increased its scope of services in the UK to include ManCo and CoSec (Investment trusts). [8]

In 2017, Maitland acquired R&H Fund Services (Guernsey) Limited. [9]

Maitland initiated its robotic process automation (RPA) journey in 2018. [10]

In 2020, MUFG Investor Services acquired select divisions of the firms fund administration business in the Cayman Islands, Halifax, and Dublin.[11]

In 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.[12]

Maitland’s holding company, Maitland International Holdings, is registered in Malta.[13]

The company operates 4 offices in South Africa, the United Kingdom, Guernsey, and Luxembourg. Maitland’s fund administration hub is based in the lower-cost jurisdiction of South Africa.[14]

A group of senior staff members selected from key areas of the business form the Executive Committee and assist the Board in implementing its strategies.

The Chairman of the Board is David Hathorn and the Chief Executive Officer is Steven Georgala.[15]

Jon Hugill is the managing director of Maitland global fund services, and Patric Foley-Brickley managing director of ManCo businesses.[16]

2005. Acquisition of FinSource Fund Administration.[17]

2012. Acquisition of Admiral Administration.[18]

2015. Acquisition of Phoenix Fund Services. [19]

2017. Acquisition of R&H Fund Services (Guernsey) Limited.[20]

2020. MUFG Investor Services acquired select divisions of Maitland’s fund administration business.[21]

2021. Stonehage Fleming acquired Maitland’s Private Client and Corporate Services business.[22]

Maitland is a Lifetime Founder Club Member of the Nelson Mandela Children's Fund.[23] In 1996, Maitland set up the UK affiliate for the fund which it provides financial and legal support, office space and infrastructure services.

The firm partnered with Khulisa Social on a global mentorship programme which aims to identify challenges within Luphisi, a rural town in Mpumalanga, South Africa,[24]

The Ditikeni Trust owns 10% of Maitland’s South African fund services business. The financial benefits of this trust flow to 22 non-profit beneficiary organizations operating in South African rural communities.[25]

• Official web site