The acquired business includes Citi's Hedge Fund Services and Private Equity Fund Services
Citigroup Inc (NYSE: C) has said that it has reached a definitive agreement to sell its Alternative Investor Services business, which comprises Hedge Fund Services and Private Equity Fund Services
, to SS&C Technologies Holdings Inc.
He is an accounting manager in private equity fund services
at State Street Bank in Boston.
26 September 2013 -- New York-based capital administration solutions firm Investors Economic Assurance LLC said that that BNY Mellon's (NYSE: BK) alternative investment services business has chosen its CapAssure solution to support and enhance the bank's private equity fund services
SEI's private equity fund services
include accounting, treasury, investor servicing and performance reporting for both general partners (GPs) and limited partners (LPs).
JPMorgan Worldwide Securities Services announced the launch of JPMorgan Private Equity Fund Services. The new business unit will offer a full suite of high-quality outsourced fund administration services to private equity firms and institutional limited partners.
JPMorgan Private Equity Fund Services will provide middle and back office outsourcing of fund administration services such as fund and partnership accounting, tax support and comprehensive reporting services to private equity firms and limited partners.
"The new JPMorgan Private Equity Fund Services is a logical addition to our alternative asset service offerings and clearly demonstrates our ability to anticipate and fulfill clients' needs for innovative products and solutions," said Michael K.
Citigroup Inc (NYSE: C) is to provide private equity fund services
to Middle East-based Abraaj Capital.