eSecLending was founded as a stand alone entity in October, 2000. The business originally began in 1998 as part of the United Asset Management Group Company when a team was exploring securities lending alternatives and following an RFP process, decided to build a solution around the concept of an auction to capture best price for exclusive access to their portfolios. Old Mutual Plc completed its acquisition of UAM in the fourth quarter of 2000 and, at that time, eSecLending was formed as a subsidiary of Old Mutual Plc.
In May 2006, eSecLending was recapitalized by TA Associates and eSecLending Management. TA Associates is one of the oldest and largest private equity firms in the world with a $16 billion capital base and four decades of experience
Today, we are active in all major securities lending markets and trade all lendable asset classes. We are known as an industry specialist who is focused on treating securities lending as an investment management function. Our company has 100 dedicated employees located in our offices in the US, Europe and Asia Pacific.
Securities Finance Trust Company (SFTCo) is the operating arm of eSecLending and performs all securities lending activities and services. SFTCo is a Maryland trust company subject to examination and regulation by the State of Maryland Division of Financial Regulation in accordance with the rules and regulations of the Office of the Comptroller of the Currency of the United States (“OCC”).