Fulcrum Group in Butterfield link-up

Fund administrator Fulcrum Group is to merge with Butterfield Fund Services, an administrator for investment and pension funds. Subject to relevant approvals, the new entity will be called Butterfield Fulcrum Group (BFG) and be based in Bermuda. The firm will have almost $100 billion in assets under administration from nearly 1,000 hedge funds, funds of funds, private equity firms and institutional investment managers. The private equity group 3i, which already has a share in Fulcrum Group, will

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