The private equity fund services business of JPMorgan Worldwide Securities Services has been appointed by Marshall Capital Partners, a Russian private equity firm, to provide private equity fund administration.
Marshall Capital, whose investors include Russian institutional and international investors, has $2.5 billion of assets under management.
Marshall Capital is an existing client of JPMorgan Treasury & Securities Services which provides escrow and global cash management services for the firm.
Huw Jones, regional head of JPMorgan’s private equity fund services in Europe, the Middle East and Africa, said: Our quality reputation and superior service delivery, our existing relationship and our strong corporate banking presence in our Moscow office helped us to extend our relationship with Marshall Capital. During these turbulent market conditions, private equity firms and their investors are increasingly looking to work with a trusted provider of independent administration, like JPMorgan.
JPMorgan Worldwide Securities is a securities service provider that helps institutional investors, alternative asset managers, broker dealers and equity issuers optimise efficiency, mitigate risk and enhance revenue.
Marshall Capital Partners is one of the private equity firms operating in Russia and CIS. Marshall combines international investment expertise with local insight. Marshall carries out investment activities on behalf of corporate and private investors from Russia and abroad.
