Alter Domus, a fully integrated provider of fund administration, debt capital markets and corporate services backed by the Permira funds, today announced the acquisition of Strata Fund Solutions LLC, a leading fund administrator serving US private equity and venture capital funds.
In joining forces with Strata, Alter Domus North America leaps to top three largest private asset servicers for US alternative asset managers. This transaction also drives Alter Domus’ global assets under management over $1 trillion, making it one of the largest private asset servicers for alternative assets investors globally and an undisputed leader in the private equity and venture capital servicing space.
In December 2020, Alter Domus acquired IPS Fund Services LLC, a Boston-Based fund administrator serving private equity and venture capital funds. In the same month, Alter Domus also announced the acquisition of UK-based technology platform Credit-Vision, portfolio management and financial analysis provider for private debt investors and debt capital markets participants.