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Rating:KKR Funds Switches Back-Office Providers Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, December 06, 2013

KKR Funds Switches Back-Office Providers

Reported by Neil Anderson, Managing Editor

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 [profile] switched 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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