JP Morgan Asset Management and Hazeltree have partnered to deliver an integrated cash and liquidity management platform to private equity, private credit, real estate and infrastructure funds.
The asset management giant’s clients will now able to access Hazeltree’s technology to manage multi-bank relationships across their entire fund structures and access JP Morgan’s liquidity products.
This enables private fund managers to quickly onboard their complex legal entities onto JP Morgan’s liquidity platform.
This partnership provides clients with transparency into all cash and liquidity accounts, across all banking relationships, enabling fund managers to easily track and forecast cash balances. Additionally, clients can easily configure robotic automation to calculate excess, investable cash, and recommend cash investment decisions based on user-defined parameters and constraints.
“Many firms still rely on spreadsheets and office tools to manage cash across their large number of legal entities and a multitude of banking relationships,” said Sameer Shalaby, president and CEO of Hazeltree. “Our integrated platform not only centralizes all cash and liquidity holdings interactions with consistent controls and workflows, but the opportunity exists to easily invest excess cash at a variety of cash products with JP Morgan.”