Wednesday 13 January 2021

Luxembourg-based private asset servicer Alter Domus has acquired Salt Lake City-based fund administrator Strata Fund Solutions LLC, serving US private equity and venture capital funds, adding over 200 private equity and venture capital accounting experts and expanding footprint in Utah, the company said.

This acquisition represents another milestone in the firm's North American growth strategy. Strata's premier client base and deep expertise are complementary to Alter Domus' servicing capabilities.