Alter Domus hits $1 trillion in AuA following Strata Fund Solutions acquisitions
The deal for the US alternatives fund administrator will add $140 billion in AuA and over 200 accounting experts to Alter Domus.
The deal for the US alternatives fund administrator will add $140 billion in AuA and over 200 accounting experts to Alter Domus.
Fund administrator also announces two new hires for its Cayman operations.
Private equity administrator covering Denmark, Sweden and Guernsey to be sold to fast-emerging fund services provider Sanne Group.
Kedaara will use the tech giant’s private capital fund services to support its funds, including utilising SS&C’s investor services platform and performance reporting tools.
The hire is the latest for Ultmius LeverPoint's sales and client relationship team, as it looks to expand its private equity fund administration footprint.
After hitting $1 trillion in assets milestone, Apex has set its sights on developing a one-stop shop solution, along with a commitment to ESG both internally and externally.
Investment backing of fund administrator grows as Carlyle Group continues to put money into the fund services space.
The involvement of the three firms will support the fund admin's goal to expand its capabilities and reach for global private equity managers.
The deal expands State Street’s current mandate with PAOH as the custodian and fund administration of the Ping An Global Infrastructure funds.
Mutual fund industry veteran Bob Dorsey will retire 20 years after co-founding Ultimus Fund Solutions in 1999.