The AIS division has fast emerged as a key strategy area for the bank’s fund administration business as it looks to target alternative investment managers.
Tag: private equity
Evans will focus on growing Northern Trust’s global capabilities for real estate, private debt, infrastructure and both traditional and hybrid private equity funds.
Fund administrator hits new highs with $1 trillion in AuA through growth in private capital and the APAC region.
MUFG has looked to increase its presence in the illiquid alternatives fund services space, after it hired two senior private equity fund services executives last year.
The deal will include State Street’s private equity and real estate (PERE) fund servicing units in the Channel Islands.
Within an overall negative outlook for Britain's fund management sector post-Brexit, State Street finds some optimism in its latest research.
Emmanuel Tuffuor will help develop both Apex’s private equity administration offering in Northern America and build out its tax service capabilities globally.
The hire marks BNP Paribas’ strategy to grow its fund administration business for hedge funds and private capital funds for the region.
The compleition of the takeover provides SS&C one of the most-used communications platforms used by private equity and hedge fund managers.
The combined compan will hold approximately $150 billion of assets under administration and service over 840 funds.