Deutsche Bank Wins Fund Services Mandate in U.S.

Deutsche Bank has won a fund services mandate from Westport Capital Partners, an investment management firm focused on opportunistic and distressed real-estate investments.

The mandate stipulates that Deutsche Bank will provide daily portfolio accounting, GAAP fund accounting, performance analytics reporting and complex investor allocations for two hybrid funds.

“Deutsche Bank’s track record and expertise made them a clear choice,” says Steven Russell, chief administrative officer at Westport Capital. “The Bank provides a unique, highly integrated operating model, which allows for flexible reporting at the portfolio, fund, and investor level, creating greater transparency for our investors.”