UK - London Pensions Fund Authority (LPFA) has appointed JPMorgan to provide portfolio administration and performance reporting for its alternative investment portfolio.
JPMorgan is the also global custodian for LPFA's £3.6bn (US$7.3bn) portfolio, and has been since 1991.
Vanessa James, investment director at LPFA, said: "JPMorgan has been our long-standing trusted provider of custody and related securities services, and we are pleased to extend our relationship with them to also include private equity fund services."
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