Petra Funds Group took on the firm’s compliance, back- and middle-office teams while retaining it as a client.
Fund managers should be ecstatic. Fund administrators should be happy too.
The service provider hired a head of compliance for the region, and said it will offer four types of solutions in its new market.
The service provider has made a senior hire to capitalize on the growth of the private credit space.
CEO points to firms’ complementary businesses as a benefit from the acquisition, which brings serviced assets to almost $3trn.
Mid-market managers have long had to deal with cumbersome and costly FX solutions. But a new wave of fintechs is helping them to outsource FX operations smoothly and efficiently, writes MilltechFX CEO Eric Huttman.
PE firm’s co-founder cites complexity in the compliance space as a reason for investing in consultancy Optima.
Gen II on collaboration in outsourcing.
As more private equity firms look to outsource various back-office functions, providers are trying to find ways to meet clients’ demands while fighting to hire new talent.
An Intertrust Group survey shows gaps in expectations regarding how often to make performance and ESG data available.