Fulcrum and Butterfield to merge
Hedge fund administrator
Fulcrum Group and Butterfield Fund Services, a provider of administration services for investment and pension funds, have agreed to merge the two businesses to create Butterfield Fulcrum Group (BFG). Headquartered in Bermuda, BFG will have approximately 400 employees in 10 locations across nine countries. The firm will have close to $100 billion under administration from nearly 1,000 hedge funds, funds of funds, private equity, and institutional investment managementOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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