BV Buying Butterfield Fulcrum and FORS

BV Investment Partners has agreed to acquire Butterfield Fulcrum and FORS. The firm plans to combine the two under one parent company while continuing to operate them as separate businesses. The investment is being made in partnership with Glenn Henderson and Tim Calveley, who will serve as CEO and COO, respectively, of the parent company. Butterfield Fulcrum is a hedge fund administrator, while FORS provides wealth management reporting and administrative services to family offices, multi-family offices, trust companies and private clients.