Shortlist announced for annual Industry Leaders Awards which return to honour fund administrators and prime brokers through survey-related awards and Editors’ Choice categories.
CrossTower has hired former State Street and Goldman Sachs hedge fund administration veteran as its new CFO.
State Street aims to use Advent Geneva as the foundation of its hedge fund services platform, while also developing its own new features and applications for hedge fund clients.
The positive scores come as many hedge fund clients relied on their administrators to weather market turbulence and provide support for their own business continuity plans.
The capital from the private equity firm will help Centaur expand into new geographies and further invest in talent, product development and technology.
JP Morgan has placed data at the core of its alternatives fund services offering, and has diverted significant investment into private equity fund administration.
The deal will increase MUFG's Investor Services assets under administration (AuA) to over $600 billion, giving it enhance hedge fund administration capabilities.
New client dashboards to provide greater transparency into workflows and metrics.
The relatively consistent scores signals how hedge fund administrators are still focused on their core service provision.