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

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...