Wells Fargo & Company has rebranded its hedge fund administration and middle-office service provider, LaCrosse Global Fund Services, as Wells Fargo Global Fund Services.
In September 2011, Wells Fargo announced the agreement to acquire LaCrosse Global Fund Services, which was an independently managed hedge fund administration and middle-office service provider, from Cargill.
The newly-named firm will continue to provide offerings to the hedge fund administration market including traditional fund administration services, operational support, derivatives processing, bank debt processing and cash/collateral management.
“Our new name reflects Wells Fargo’s commitment to supporting our suite of hedge fund and private equity industry offerings,” said Christopher Kundro, co-head of Wells Fargo Global Fund Services. “In addition, our clients are now able to leverage Wells Fargo's many other offerings for alternative investment managers."
