JP Morgan AM and Hazeltree partner to provide cash and liquidity management for private fund managers
JP Morgan Asset Management and Hazeltree, a provider of cloud-based treasury solutions for investment managers, have partnered to deliver a unique and integrated cash and liquidity management platform to private equity, private credit, real estate and infrastructure funds.
JP Morgan Asset Management clients are now able to access Hazeltree’s technology to effortlessly manage multi-bank relationships across their entire fund structures and seamlessly access JP Morgan’s liquidity products. This enables private fund managers to quickly onboard their complex legal entities onto JP Morgan’s liquidity platform and operationally facilitates the increased transactions workload across various counterparties in an efficient and highly controlled manner.
This partnership provides clients with unlimited transparency into all cash and liquidity accounts, across all banking relationships, enabling fund managers to easily track and forecast cash balances. Additionally, clients can easily configure robotic automation to calculate excess, investable cash, and recommend cash investment decisions based on user-defined parameters and constraints.
“Managing liquidity has never been more challenging or imperative. That is why we are dedicated to offering the best digital solutions for our clients,” saisaysd John Donohue, CEO of Asset Management Americas and Head of Global Liquidity, JP Morgan Asset Management. “By partnering with Hazeltree we are able to provide clients with secure, immediate access to a suite of investment products with full transparency across their global portfolio.”
“Many firms still rely on spreadsheets and office tools to manage cash across their large number of legal entities and a multitude of banking relationships,” says Sameer Shalaby, President and CEO of Hazeltree. “Our integrated platform not only centralises all cash and liquidity holdings interactions with consistent controls and workflows, but the opportunity exists to easily invest excess cash at a variety of cash products with JP Morgan.”
The newly integrated offering is now available to JP Morgan Asset Management and Hazeltree clients.