For its foray into the mutual fund space, a private equity giant has chosen U.S. Bancorp Fund Services
as a key back-office provider.
Earlier this year KKR
to U.S. Bancorp as fund administrator, dividend disbursing agent, transfer agent and registrar for shares for the KKR Alternative High Yield Fund
. SEI Investments Global Fund Services
previously handled the fund's administration while DST Systems
previously handled the other duties.
Spokespeople for SEI and U.S. Bancorp were not immediately able to comment for this story. MFWire
could not immediately reach spokespeople for DST and KKR for comment.
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