JPMorgan establishes UK private equity fund business
15th May 2007
JPMorgan Worldwide Securities Services has launched JPMorgan Private Equity Fund Services business in the UK, in a bid to expand the business throughout Europe and the Middle East.
With over $100 billion in assets under administration, JPMorgan Private Equity Fund Services (JPMorgan PEFS) offers a full suite of services to the private equity community in Europe and the Middle East.
Its private equity funds offer comprehensive fund administration services, including middle and back office outsourcing services such as investor tracking, fund accounting, tax support services and investor reporting, while JPMorgan provides portfolio administration services to clients seeking support in the management and reporting of their alternative investment portfolios, for institutional investor limited partners.
As part of the expansion, Huw Jones has joined as head of Private Equity Fund Services' London office. Mr Jones, a chartered accountant, has extensive experience in the private equity industry.