LaCrosse Global Fund Services and Capital Services Group form a strategic alliance to support hedge fund clients seeking distressed debt opportunities throughout Asia.
The alliance combines the LaCrosseMortgage+TM service suite, a set of specialized fund administration and middle-office services for hedge funds and other alternative investment vehicles, with Capitals Pan-Asia loan servicing and workout offerings. The combination is a tangible value-add for existing and prospective hedge fund clients that trade in whole loans and distressed debt.
Our partnership with Capital complements the operational and administrative support platform that LaCrosse offers to its clients in support of best practices, says Stuart Feffer, co-chief executive officer of LaCrosse.
The synergies I see between our own and LaCrosses service offerings make me confident that this business alliance will be of significant value to our respective clients, says Carl Everett, chief executive officer of Capital Services Group.
D.C.