Osborne Clarke has advised Tenzing on its investment into Altum – a leading provider of fund, corporate and family office administration solutions

Tenzing has announced that it's made a strategic investment into Altum, formerly known as the LGL Group, alongside senior management.

The Osborne Clarke team advising Tenzing included private equity partners Tim Hewens and Pippa Byrne, and corporate senior associate Alec Bartlett.

Founded in 2000, Altum is an established Jersey-based firm led by CEO Zena Couppey. Its leading fund, corporate and family office administration solutions enable it to solve complex and often multi-jurisdictional challenges for its global clients.

In addition to Osborne Clarke, Tenzing was also advised on the investment by Walkers, PwC, Arrow Point Advisory and EY. Management was advised by Carey Olsen and KPMG.

Osborne Clarke’s Private Equity team is considered a go-to practice for many companies in the technology and financial sectors, working with clients ranging from global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.