Blue River Partners (Blue River), a US provider of outsourced solutions to alternative asset managers including fund administration for private equity funds, is to be acquired by IQ-EQ.
PEF Services (PEF), a fund administrator for alternative investment managers, has been selected to provide fund administration services to Parliament Capital Management (PCM).
Centaur Fund Services, a provider of fund administration and regulatory services for the alternative investment fund industry, has secured a significant growth equity investment from FTV Capital, a sector-focused growth equity investment firm.
State Street Corporation has entered into a new partnership with iCapital Network to combine State Street’s registered transfer agency and private market fund administration capabilities with iCapital’s platform technology and distribution network.
Fund Recs is to provide SANNE, a global provider of alternative asset and corporate services, with tailored reconciliation automation services through its Velocity fund administration software.
Socium Fund Services, a fund administrator focused on private equity, venture capital, real estate and private debt funds, is to provide operational and fund administration service Atwater Capital, a private investment firm that provides equity capital and debt financing in support of dynamic companies in the media and entertainment sectors.
Crestbridge has been granted a funds administration licence in Luxembourg in a move that significantly bolsters the company’s capabilities in the jurisdiction and its multi-jurisdictional proposition for alternative fund managers.
Standish Management, a provider of fund administration services to private equity, venture capital, and real estate managers, is to acquire Halsey Group, a Luxembourg-based fund and corporate services provider dedicated to international private equity and real estate investment firms.
Centaur Fund Services: Best Fund Administrator <USD30 billion AUM – Regulatory pressures and more complex investment strategies are driving a greater number of PE funds to outsource their administration operations. Centaur is well positioned to meet these growing demands having built the global reach to fulfil the needs for cross-domicile services.
Prescient Fund Services (Ireland) Limited, an independent provider of globally competitive and flexible outsourced management company, platform and fund administration services, has converted two of its fund platforms from PLCs (Public Limited Companies) to ICAVs (Irish Collective Asset-management Vehicles).