Fri, Oct 9, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Wells Fargo rebrands its LaCrosse hedge fund business to leverage the firm’s other alternative investments

Tuesday, September 11, 2012

From Komfie Manalo, Opalesque Asia – To be able to leverage its market reputation and many other offerings for alternative investment managers, diversified, community-based financial services company Wells Fargo has rebranded its hedge fund administration and middle-office service provider, LaCrosse Global Fund Services as Wells Fargo Global Fund Services.

"Our new name reflects Wells Fargo’s commitment to supporting our suite of hedge fund and private equity industry offerings," said Christopher Kundro, co-head of Wells Fargo Global Fund Services in a statement. "In addition, our clients are now able to leverage Wells Fargo's many other offerings for alternative investment managers."

"Since Wells Fargo acquired LaCrosse Global Fund Services last year, we have continued to expand our business and integrate with its global platform," added Stuart Feffer, co-head of Wells Fargo Global Fund Services. "The new Wells Fargo Global Fund Services branding represents an opportunity to leverage Wells Fargo’s market reputation with our experience and expertise."

According to the firm, the renamed hedge fund firm would still continue to provide a complete service offering to the hedge fund administration market utilizing a platform and technology that provides traditional fund administration services, operational ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. Manager Profile - Pimco alternative funds flourish as 30-year bond rally fades[more]

    From Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of the pain. For more than a decade, Newport Beach, California-based Pimco has qu

  4. Niche Investing - Art investment funds: Attracting institutional and other new investors[more]

    From The Deloitte/ArtTactic Art and Finance Report 2014 (the "Art and Finance Report") noted that the "global art investment fund market was estimated to be worth at least $1.26 billion in the first half of 2014." This seems almost inconsequential when juxtaposed with the $54 billion of

  5. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with