Comment: Private markets boom sparks uptick in demand for asset servicing
By Claudia Bertolino, head of private equity and private credit at Citco Fund Services
The unprecedented growth in private markets during the last few years has caused a subsequent boom in demand for asset servicers to assist private equity general partners/managers with their increased and more complex asset servicing needs.
Historically, private equity managers have preferred to perform servicing in-house rather than to outsource services, instead choosing to adapt to growth and changing needs by increasing their own internal headcount.
Categories: AnalysisOutsourcingFund administration