ABN Amro US Subsidiary LaSalle Bank Gets Into The Hedge Fund Administration Business

LaSalle Bank N.A., a North American subsidiary of ABN AMRO Bank N.V., is expanding its global structured finance services business with the launch of LaSalle Global Fund Services. LaSalle Bank aims to combine fund accounting, investor servicing, and securities custody

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LaSalle Bank N.A., a North American subsidiary of ABN AMRO Bank N.V., is expanding its global structured finance services business with the launch of LaSalle Global Fund Services. LaSalle Bank aims to combine fund accounting, investor servicing, and securities custody technologies to create a custom-built reporting engine that provides services for alternative investments in particular. In addition to operations in Chicago, fund administration services will be offered in Europe through the extended affiliate network of ABN AMRO Bank N.V., LaSalle Bank’s parent, and will also be offered in Asia in 2007.

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