MUFG investor services has completed the acquisition of private equity administrators Capital Analytics.
The deal brings MUFG’s private equity and real estate assets under administration (AUA) to $145 billion while bringing its total AUA to $384 billion.
“The asset servicing and specifically fund administration landscape is changing significantly under the pressure of increased demands from regulators, investment managers and investors,” said John Sergides, managing director, global head, Business Development and Marketing, MUFG Investor Services.
“This acquisition enhances our comprehensive private equity and real estate offering, for both general and limited partners, ensuring MUFG Investor Services is the ideal partner to support clients throughout the investment lifecycle.”
Neuberger Berman, which Capital Analytics is a subsidiary of, has confirmed that it will still receive administrative services from Capital Analytics and no fund or investment professionals will transfer as part of the acquisition.
“Our partnership with MUFG will continue to allow our clients to benefit from Capital Analytics’ best-in-class services that they and Neuberger Berman have come to rely upon,” said Anthony Tutrone, global head of alternatives at Neuberger Berman.
MUFG completes Capital purchase
MUFG investor services has completed the acquisition of private equity administrators Capital Analytics.