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
The move comes as custodians review their legacy technology platforms in order to cater for the many nuances and complexities inherent in private markets.
Carlyle expands existing relationship with Apex Group with additional investment while Mubadala joins as a new investor.
New fund aims to be the world’s largest sharia-compliant tech-focussed private equity fund.
The mandates adds to a growing list of Soc Gen’s depositary and fund administration business wins across Europe.
Private equity administrator agrees to enter talks over a possible £1.4bn ($1.97bn) takeover.
The new product moves Arcesium into the private equity space, expanding from its typical focus on hedge funds and fund administrators.
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.
The appointment is the latest by Ultimus as it looks to bolster its private equity fund administration unit, Ultimus-Leverpoint.