TMF Group, a provider of outsourced business services to clients operating and investing globally, has partnered with Evolution Trustees to expand its services offering in Australia.

Under the partnership, TMF will offer investment management; trustee and custody; fund accounting; and corporate services, including company secretarial and registry services to international real estate customers and foreign investors.

TMF Group senior director private equity and real estate for Asia Pacific Catherine Caradus said: "We are excited to have the opportunity to work with Evolution Trustees to further expand our service offering to support our international real estate clients and foreign investors with MIT compliance. I am sure that this alliance will also lead to other opportunities in the broader Australian capital markets."

Evolution Trustees CEO Rupert Smoker said: "This alliance with TMF Group brings great opportunities to harness global demand for high quality Australian assets. The Australian MIT services market needs more competition, and our partnership will undoubtedly drive benefits for clients."