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IQ-EQ completes the acquisition and rebrand of AMAL Group, Australia and New Zealand’s only integrated provider of loan servicing, corporate trust and agency services

23 Oct 2025

IQ-EQ, an Astorg portfolio company, has today announced the successful acquisition completion and rebranding of AMAL Group, Australia and New Zealand’s only integrated provider of loan servicing, corporate trust and agency services.

The AMAL Group business has been rebranded as “AMAL, part of IQ-EQ”, the first step in its brand transition to IQ-EQ. The legacy AMAL Group name will be retired when the business rebrands to IQ-EQ in Q2 2026. This strategic move expands IQ-EQ’s global footprint to 27 jurisdictions, offering clients more solutions and deeper expertise worldwide. 

Business spotlight: 

  • IQ-EQ in Australia and New Zealand comprises over 100 dedicated team members, serving as trusted partners in securitisation and structured finance independent loan servicing and standby solutions across residential, consumer, commercial and private credit markets 
  • Is a leading provider with assets under management of A$37 billion and more than 200 funds in the region 
  • Combining global expertise, industry experience and cutting-edge proprietary and third-party technology the IQ-EQ team deliver market-leading, tech-enabled client solutions 

Day-to-day service delivery in the region will continue to be led by Managing Director, Australia and New Zealand Cluster, Nick Procter and Managing Director, AMAL Trustees, Australia and New Zealand, Tony Grant who also join the IQ-EQ Asia Pacific senior leadership team led by Regional CEO, Sridhar Nagarajan. Clients and partners can expect a seamless transition and the same high standards of service. 

Across the region IQ-EQ can offer a comprehensive range of investor services including: 

  • Securitisation and debt services 
  • Security and security trustee and facility agency services 
  • Loan administration services 
  • Primary loan servicing 
  • Private debt servicing 
  • Backup servicing 
  • Fund administration services   
  • Wholesale corporate trustee and incidental custody solutions 
  • Trust management and investor reporting 
  • Modelling and analytics 
  • Cash flow oversight 
  • Registry and investor reporting services 

To find out more click here.

Commenting on the news Group CEO Mark Pesco, said “We’ve an extremely compelling proposition to offer to our growing network of clients, and with our Australia and New Zealand business now successfully onboarded we’ll get to work to further cement our position as the leading provider of services to the private markets. We’ll do this by combining our global expertise with the best proprietary and third-party technology to provide market-leading, tech-empowered solutions that support the complete business lifecycle of our clients. We’ve built a strong and dynamic global business, and we’re excited to see it continue to flourish in this key region. 

Nick Procter, Managing Director, Australia and New Zealand Cluster added: “AMAL Group is an incredible business and one that Tony and I are immensely proud of but joining IQ-EQ allows us to take that success to the next level. As IQ-EQ we’ve access to new expertise, new market opportunities and to game changing technological innovation and expertise. This next chapter allows us to build on our commercial legacy and reach new heights as part of IQ-EQ’s growing global network. This is an exciting next phase in our journey – for us, for our clients and for the whole AMAL Group team.”  

Working with IQ-EQ has been seamless – you and your team understand our business, advise us appropriately, and handle your side of our collective partnership so that we can focus on making good investment decisions. Evan Gibson SVP, Merchants Capital

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