The purchase is Broadridge’s sixth acquisition this year as it looks to bolster its asset management capabilities.
The former global head of prime finance at HSBC has joined London-based alternatives manager Privium as COO.
JP Morgan has placed data at the core of its alternatives fund services offering, and has diverted significant investment into private equity fund administration.
The mandate includes full depositary and administration solutions for Duet Group's five master funds and five feeder funds across three investment structures.
Fast-growing fund administrator poaches Citi’s investor services head in Luxembourg.
New private markets division is set to cater for huge growth in demand for private debt, along with private equity, real estate and infrastructure.
Intertrust has grown its business in Ireland, opening a fund administration business a plans to recruit 60 new staff for its Dublin-based business.
iCapital will assume oversight of 115 Morgan Stanley feeder funds which invest in alternatives assets for the bank’s wealth management arm.
One of its newest clients is Grange Insurance of Columbus, Ohio, which mandated Northern Trust to provide global custody for its $2.5 billion of assets.