Alternatives asset inflows for JP Morgan’s fund services unit jump after platform relaunch
JP Morgan is anticipating AuA to rise further to $700 billion by the end of year, which would represent a 40% increase in the last 18 months.
Tag: private equity
State Street acquires Mercatus as it expands front-to-back solution for private markets
The move comes as custodians review their legacy technology platforms in order to cater for the many nuances and complexities inherent in private markets.
Apex Group receives equity investment from Carlyle and Mubadala
Carlyle expands existing relationship with Apex Group with additional investment while Mubadala joins as a new investor.
Vistra wins fund administration mandate for UK-based sharia-compliant fund
New fund aims to be the world’s largest sharia-compliant tech-focussed private equity fund.
SGSS Italy mandated as depositary bank for Clessidra Private Equity
The mandates adds to a growing list of Soc Gen’s depositary and fund administration business wins across Europe.
Sanne to enter discussions with private equity firm over possible takeover
Private equity administrator agrees to enter talks over a possible £1.4bn ($1.97bn) takeover.
Arcesium launches new performance allocations product, PerformA
The new product moves Arcesium into the private equity space, expanding from its typical focus on hedge funds and fund administrators.
SS&C to administer $7.5bn wealth manager’s private equity fund of funds
Mandate win follows a string of fund services agreements SS&C has won in recent months as it hit the $2trn in assets under administration mark.
Ultimus recruits top BNY alternatives sales exec in private equity fund admin push
The appointment is the latest by Ultimus as it looks to bolster its private equity fund administration unit, Ultimus-Leverpoint.
Fund Administration
Fireside Friday with…. Citco’s Jay Peller
The experience of 2020 has triggered a major shift in the service provision relationship between alternatives asset managers and their service providers, according to Jay Peller, head of fund services at Citco.