Tag: private equity
Northern Trust and FIS are looking to provide private equity managers with greater transparency around fund operations.
The appointment is the latest win for Gen II, as it looks to build upon its record assets under administration of $200 billion
The regulatory approvals come ahead of Apex Fund Services planned acquisition of Ipes, expected to close at the end of the third quarter.
The creation of the new unit comes one month after Northern Trust closed its acquisition of the Omnium technology platform from Citadel.
Fund administration veteran Eiji Ihori took on the interim CEO role at MUFG Investor Services on 1 July, replacing Mark Porter who stepped into an advisory role.
The deal is the latest in a string of acquisitions for SSG Group which has expanded in the investor services business over the past two years
European Fund Administration adds new names from Credit Suisse including head of private equity and real estate administration for Luxembourg.
New products and strategies at private equity firms will encourage further adoption of outsourcing, according to SS&C.