Private equity managers are increasingly turning to administrators and their ability to introduce new technologies to deal with mounting operational requirements.
Ultimus is now the fifth administrator to join the association, founded by former JP Morgan, Citi and State Street fund services veteran Chris Meader.
The Series A round of funding for the FinTech firm is the latest move for fund administrations expanding their front-office data capabilities.
A quarter of survey respondents believe their fund administrators and transfer agents are not keeping up with the requirements of asset managers.
Societe Generale uses data lake to rollout new fund distribution analytics tool.
Intertrust plans US and Asia acquisitions in 2021 strategy with former JP Morgan fund head at the helm
The Dutch fund administration led by Stephanie Miller has laid out its ambitions to become a tech-enable corporate and fund solutions provider.
While private equity managers appear to be raising record amounts of money, there are a number of possibilities on the horizon that could wipe away gains.
Ultimus says it will now cater to a wider range of private equity, venture capital, real estate and hedge fund clients.
SS&C will provide administration, fund accounting, distribution, compliance and transfer agency services for the fund through the recently acquired ALPS.
Peter Sanchez, Northern Trust’s head of North America Alternative Investment Services, gives his view on how the custodian has dealt with being the independent verifier for Bridgewater Associates.