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Trinity currently provides administrative, transfer agency, company register, corporate secretarial, risk and regulatory reporting and other ancillary services to over 140 funds and investment vehicles incorporated in a variety of jurisdictions.

Trinity was founded in 1993 by CEO John McCann, and has received recognition from the international funds industry on numerous occasions including being awarded the "Best Offshore Hedge Fund Administrator" in the Hedge Week Global Awards in March 2017 and "Best Fund Formation Service" in the Corporate Live Wire Global Fund Awards in April 2017. Trinity has 30 staff across its various offices, with an average of 18 years' service by senior staff. All of Trinity's employees will join the Group with Mr McCann to join MainstreamBPO's executive team and become the CEO of MainstreamBPO's European and Cayman operations.

Commenting on the transaction, John McCann, CEO of Trinity, said "We are very pleased to become part of the MainstreamBPO group whose cultural fit is strongly aligned to our own. This is a very exciting milestone for Trinity as the combined group will provide numerous opportunities for business expansion and our staff while allowing us to continue to focus on delivering outstanding committed service and putting the client first. We thank all of Trinity's staff for their hard work and dedication over the years and look forward to exploring the increased global possibilities that this deal represents for staff and clients alike."

The acquisition of Trinity expands MainstreamBPO's global footprint in key international fund centres. Subject to regulatory approval within the relevant jurisdictions the acquisition is expected to be completed around July 2017.

About MainstreamBPO

MainstreamBPO Limited is one of Australia's largest independent fund administrators. The Group provides fund administration, superannuation administration and share registry services for a diversified client base of fund managers and superannuation trustees.