Alternative Fund Administration Survey

Single-manager hedge fund admin assets prosper while FoHFs suffer

Markets remained challenging in 2012 with capital flowing more readily to larger vehicles, while the combined impacts of ongoing economic uncertainty and significant tranches of new regulation affected managers, their investors and service providers.

Marina Lewin, managing director, head of asset-servicing Americas sales and global head of alternative investment services sales at BNY Mellon, says regulation such as Form PF, the Foreign Account Tax Compliance Act (Fatca) and the alternative