The deal is the latest of several mergers among private equity and hedge fund service providers.
The latest Coller Capital private equity barometer shows LPs globally are less positive on private equity, with Asia-Pacific LPs standing out as the most downbeat.
The US House of Representatives will vote next week on legislation that would require private fund managers with assets over $150 million to register with the Securities and Exchange Commission. If approved the bill will then go on to the Senate.
The Boston-headquartered fund administration group will take on such European clients as CVC Capital Partners, AXA Private Equity and Terra Firma.
Charles Valdes, a CalPERS board member, received illegal campaign donations, some from affiliates of Alfred Villalobos, head of placement agency ARVCO.
Jeffrey Rosen and Michael Diz of Debevoise & Plimpton discuss the valuation and negotiation of purchase price adjustments.
The latest draft of the EU’s Directive on Alternative Investment Fund Managers Directive would apply to private equity and venture managers both large and small.
Private equity resources channelled into the third sector have helped improve the lives of 18,975 young people, says Shaks Ghosh.
More on what you need to know about structuring international private equity investments in the People’s Republic of China. By John Forry of Eisner and Steven Bortnick of Pepper Hamilton
The Australian Taxation Office has sought to freeze TPG's accounts in Australia, alleging the private equity firm owes $423m in taxes on the proceeds of its Myer exit.