Astorg-backed IQ-EQ completed the acquisition of Blue River Partners.

Astorg-backed IQ-EQ, an investor services group, completed the acquisition of Blue River Partners, a provider of outsourced solutions to alternative asset managers including fund administration for private equity funds. Financial terms were not disclosed. “We are excited to join forces with IQ-EQ and look forward to our journey ahead. With our combined capabilities, we are perfectly positioned to provide global services and added scale to our clients, within and outside of the U.S. The opportunities available to our people, our business and our clients are significant and we look forward to making a lasting and positive impact on the alternative asset industry," Mark Fordyce, Blue River Partners CEO.