Acclime signs conditional agreement to acquire Polar 993.
Melbourne, Australia, 30 July 2026 – Acclime, a leading provider of corporate, governance, advisory and fund services across Asia-Pacific and global markets, confirms that it has signed a Share Purchase Agreement which is subject to regulatory approvals to acquire Polar 993, a specialist technology-led independent trustee and fund administration business headquartered in Melbourne.
Polar 993 provides trustee, responsible entity, fund accounting, custody, registry and compliance services to fund managers across the private equity, venture capital, private credit and real estate asset classes. Holding an Australian Financial Services Licence (AFSL), Polar 993 operates a full-service model under which a single client typically engages across three complementary service lines: as Corporate Authorised Representative, as trustee or responsible entity and as fund administrator.
Polar 993 was founded by Adam Lindell, who brings close to 30 years of experience across the three core disciplines of funds management: law, investment management and compliance. This breadth gives the founder a rare end-to-end understanding of how funds are established, governed, capitalised and operated.
“We are a technology-led fund services platform providing modern, institutional-grade trustee and fund administration services to a growing market of sophisticated fund managers,” said Adam Lindell, Managing Director of Polar 993. “Becoming part of Acclime gives us significant institutional backing and the scale to do more for our clients and staff here in Australia and abroad.”
“This strategic acquisition represents a powerful extension of Acclime’s fund service capabilities in Australia and beyond,” said Izzy Silva, Group CEO of Acclime. “Polar 993 not only brings us a great Australian platform and a high-quality client base, but a proven operating system capable of underpinning the technology layer of our global fund services business.”
“In addition to an excellent team, Polar 993 brings an advanced technology platform to our fund services business across Australia, New Zealand and beyond,” added Randolph van der Burgh, Regional Managing Director for Australia and New Zealand. “They are a great fit for Acclime, and we are delighted to welcome Adam and his team to Acclime.”
This acquisition follows Acclime’s (a portfolio company of Warburg Pincus) continued investment in financial services and technology, following its recent acquisitions of Bourke Group in Melbourne, Boutique Capital and Capital Architects in Sydney and Rockburgh Fund Services in New Zealand. It reinforces the firm’s strategy of building a leading regional professional services platform with expanded capabilities in fund administration and trustee services.
Polar 993 will continue operating from its Melbourne office, with its leadership and team remaining in place delivering continuity of service to existing clients while broadening its reach across the region.
About Polar 993
Polar 993 is a specialist technology-led independent trustee and fund administration business headquartered in Melbourne, Australia. It provides institutional-grade fund services to fund managers across the private equity, venture capital, private credit and real estate asset classes, including trustee, responsible entity, fund accounting, custody, registry and compliance services.
