Announced
Completed
Financials
Sources
Tags
Asset Managers and Custodians
Private
Domestic
fund administration
United States
fund management
Majority
Single Bidder
Acquisition
Friendly
Completed
Synopsis
Standish Management, an employee-owned provider of specialized fund administration services, completed the acquisition of Alpha Alternatives Fund Services, a fund administration firm for hedge funds and other investment vehicles. Financial terms were not disclosed. “Since opening our doors, our objective has been to provide clients with solutions to help facilitate their growth. This means we need to have the systems and expertise to support various fund structures and strategies. Alpha has built an impressive track record of providing high quality, high touch client service to hedge funds. We look forward to working alongside them to contribute to the continued success of our combined teams," Robert Raynard, Standish Founder and CEO.
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