JPMorgan Wins Admin. Gig From London’s Biggest Pension Authority

Mar 14 2008 | 9:58am ET

The London Pensions Fund Authority has selected JPMorgan to provide portfolio administration and performance reporting for their alternative investment portfolio. The mandate represents JPMorgan’s first alternative investment portfolio administration outsourcing agreement in the U.K.

JPMorgan Private Equity Fund Services will provide LPFA—which is the biggest U.K. pension authority—with services including cash management, cash flow tracking, performance measurement and analytics.

JPMorgan is the global custodian for LPFA’s £3.6 billion portfolio, and also provides the pension authority with accounting, performance measurement, class actions and securities lending services. JPMorgan has provided custody services for LPFA since 1991.

"JPMorgan has been our long-standing trusted provider of custody and related securities services, and we are pleased to extend our relationship with them to also include Private Equity Fund Services" said Vanessa James, investment director at LPFA.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...