PFS-PAXUS user Alpha Alternatives Fund Services acquired by Standish Management

PFS-PAXUS user, Alpha Alternatives Fund Services (“Alpha”), a boutique fund administration firm for hedge funds and other investment vehicles, has announced that it has been acquired by Standish Management (“Standish”).

Standish is a leading independent provider of fund administration services to Private Equity, Venture Capital, and Real Estate managers. Founded in 2007, Standish has grown steadily and currently has over $250 billion in assets under administration, administering over 2,500 entities and reporting to more than 30,000 LPs. The transaction will bring new opportunities and additional services to each firm’s clients and provide a service solution for innovative, hybrid fund structures.

Aligning Alpha with a leading fund administrator will allow Standish to offer clients a complimentary institutional offering powered by best-in-class technology. Please read the full press release here.