New products and strategies at private equity firms will encourage further adoption of outsourcing, according to SS&C.
Tag: private equity
The deal will add $165 billion in assets under administration to Apex’s portfolio, while taking on 195 new clients.
The patents build on the recently launched blockchain solution for private equity fund administration, which it partnered with IBM on last year.
In the build-up to Global Custodian’s Private Equity Issue this summer, we assess the two types of fund administration providers as PE firms are being forced to outsource.
Private debt and alternative asset classes were cited by the buy-side as the most operationally costly to manage.
The rebranded division will incorporate BNY Mellon's private equity infrastructure, real estate and private investment businesses.
Private equity assets under administration increased 18% to $2.5 trillion over 2017, more than hedge fund, fund of funds and real estate assets.
Northern Trust has become the custodian-of-choice for UK local government pension funds, having won eight other LGPS mandates.
CACEIS adds Crédit Agricole investment banking head in private equity division.
The launch comes one year after Northern Trust partnered with IBM in first commercial deployment of blockchain for the private equity market.