Business

TMF Group Expands Operations with PLC Acquisition to Strengthen Mexico Fund Management

12/02/2025

TMF Group Expands with PLC Acquisition in Mexico

TMF Group, a global leader in compliance and administrative services, has announced its acquisition of PLC, a Mexico-based fund administration company. PLC specializes in providing global entity management and domiciliation services for international fund managers and Mexican pension funds.

The acquisition strengthens TMF Group’s position in managing both public and private issuances for investment in Mexico. PLC is actively involved in a variety of investment vehicles, including CERPIs, financial instruments issued to the public through Mexican trusts, which resemble international private funds of funds.

This acquisition significantly enhances TMF Group’s portfolios in passive fund administration and global entity management in the Latin American market.

Monica Vera, Head of Latin America, TMF Group said: “This acquisition marks another milestone within TMF Group’s growth strategy in the Latin American market. Combining our expertise is an ideal step to enhance our market presence, while reinforcing our effort to deliver more comprehensive solutions to our clients.”

Marcela Pino, PLC’s Chief Executive Officer and Founder, said: “Joining forces with a key industry player such as TMF Group provides us with new opportunities for growth and allows us to tap into their innovative technology and resources. Together, we can further strengthen our funds administration services and create greater impact in our industry.”