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.

In 2002, the firm converted from a law firm partnership to adopt the form of a company. In 2006, Steve Georgala was appointed as CEO. Through the acquisition of FinSource, a fund administration company based in Cape Town, South Africa, the firm further developed its international Fund Services business, which led to the adoption of the international SunGard administration platform in 2005.

Investment services were further developed post-2000 with the development of discretionary portfolio management and consulting and a suite of multi-asset class products in the Constantia brand.

In July 2012, the firm acquired a management company InterOcean Management Services in Mauritius.[3][4] In November 2012, the firm acquired Admiral Administration, a specialist hedge fund administrator in the Cayman Islands, along with its hedge fund technology platform "Advent".[5] In 2015 the firm acquired Phoenix Fund Services to offer fund oversight and administration to investment trusts, Ucits, Nurs, QIS, hedge, private equity, real estate and VCT structures across Europe.[6]

Maitland’s holding company, Maitland International Holdings, is registered in Malta. The firm has associated law firms in England and Wales, the Isle of Man, Luxembourg and South Africa, as well as licensed trust, wealth management, and fund administration entities registered in various jurisdictions.[7] Maitland’s fund administration hub is based in the lower-cost jurisdiction of South Africa.[8] The company operates 11 offices in Guernsey, Isle of Man, Luxembourg, Malta, Mauritius, Monaco, South Africa (Cape Town and Johannesburg), and the United Kingdom (Chelmsford, London and Edinburgh).

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

1999. Advised in respect of the migration of Anglo American Limited and Minorco SA from South Africa to the UK.[9]

2001. Advised in respect of the $19 billion transaction to take De Beers private.

2002. Advised in respect of the disposal by Anglo American of its investment in ZCCM Investments Holdings to the Copperbelt Development Foundation.

2011. Advised Brait SE on the largest non-bank capital raising in the history of South Africa

2012. Advised NYSE-listed Flagstone Reinsurance on its cross-border merger with Validus[10]

2012. Advised the Oppenheimer family on the $5.1 billion disposal of the family’s 40% interest in De Beers to Anglo American plc.[9]

Nelson Mandela Children's Fund - Maitland is a Lifetime Founder Club Member of the Nelson Mandela Children’s Fund.[11] In 1996 Maitland set up the UK affiliate for the fund which it provides financial and legal support, office space and infrastructure services.

Khulisa Social Solutions In 2017 Maitland partnered with Khulisa Social Solutions on a global mentorship programme. This programme sees Maitland employees mentor youth in a rural town in South Africa.

Ditikeni Trust - The Ditikeni Trust owns 10% of Maitland’s South African fund services business.[12] The financial benefits of this trust flow to 22 non-profit beneficiary organisations operating in South African rural communities.

Enlighten Education Trust - Maitland supports the Enlighten Education Trust, an integrated educational training and entrepreneurial development centre near Cape Town, South Africa.

TSiBA - Maitland supports TSiBA, a private, not for profit business school that helps people who cannot access opportunities to jump ahead in life.

• Official web site
• Constantia web site