Summary
NEW YORK (HedgeWorld.com) - A large institution acquiring a hedge fund administrator has become a familiar news item, with the ranks of free-standing administration companies culled by a strong trend toward consolidation.
Bermuda-headquartered Fulcrum Ltd. is going another route. It is getting a $57 million infusion and a new chief executive from 3i Growth Capital, a private equity fund that specializes in providing growth capital and working with firms to help develop the business.See the full content of this document
Extract
Fulcrum Allies with 3i to Buck M&a Trend
3i has taken an equity stake in Fulcrum, buying the...
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