Fund Administration

Waterland has sold Intertrust Group, which provides fund administration and tax advice services, for a reported €675m.

Exit specialists Bluebox strengthens its team, pension funds now have access to an online asset manager network and fund administrator HedgeServ launches a Form PF reporting solution.

The European Private Equity and Venture Capital Association was left frustrated after the European Parliament voted for the adoption of a depository requirement for its venture capital scheme.