Waystone has partnered with Alger to support them with third-party ManCo and supplementary services across the European Economic Area.
The partnership aims to add US $600 million to Waystone's assets under management. Waystone has expanded into new international markets over recent years, widening its product suite.
Denis Harty, country head for continental Europe at Waystone, says: “The relationship with Alger is one of true partnership. It’s fostered from the executive level right through to the team members and analysts at both firms, including colleagues from New York, Dublin, Cashel and Luxembourg all supporting the client experience.”
Hal Liebes, chief operating officer at Alger, comments: “We see Waystone as a partner that can support us with all our asset servicing requirements, which is exactly what we were looking for. A company that has the experience and capabilities to deliver a range of services globally, to help us scale, grow and offer the best products and services to our clients.”
