JPMorgan wins super mandate
(16 January 2008 – Australia) JPMorgan has been given the mandate to manage private equity fund processing for one of Australia’s largest superannuation funds.
The bank has been selected by AustralianSuper, one of Australia’s largest superannuation funds with more than 1.3 million members, to provide private equity fund administration and reporting services.
JPMorgan said the mandate represented the first private equity outsourcing agreement with a superannuation fund in Australia, the fourth largest pension market in the world.
AustralianSuper will be the first fund in Australia to use the Private Equity Fund Services JPMorgan PEFS platform for private equity, property and infrastructure reporting analytics.
JPMorgan said the mandate represented the first private equity outsourcing agreement with a superannuation fund in Australia, the fourth largest pension market in the world.
AustralianSuper will be the first fund in Australia to use the Private Equity Fund Services JPMorgan PEFS platform for private equity, property and infrastructure reporting analytics.
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