J.P. Morgan has been appointed by New York-based Greylock Capital Management to provide private equity fund administration.
Greylock Capital is an alternative asset manager focused on emerging markets in Africa, Asia, Eastern Europe and Latin America.
J.P. Morgan Private Equity Fund Services will provide Greylock Capital with a set of services including fund and partnership accounting, capital call/distribution management, and investor tracking, along with investor relations support and treasury services. Tax compliance services, management and financial reporting, and waterfall/carry plan administration will also be provided.
“We are pleased to be working with an emerging markets manager like Greylock Capital,” says James Hutter, global business executive for J.P. Morgan Private Equity Fund Services. “Private equity funds are increasingly turning to leading independent administrators like J.P. Morgan that have the global scale and reach to deliver quality administration services anywhere in the world where they may do business.”
