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May 08, 2019  

Leading Fund Administrators Expanding Footprint

The largest hedge fund administrators command an increasingly big share of the U.S. market.Consider that the top three administrators of single-manager funds — currently SS&C GlobeOp, State Street and Citco — now have a combined market share of 58.8%, according to the latest regulatory filings captured by Hedge Fund Alert’s Manager Database. That compares to 47.4% for the top three in 2012, when the SEC began requiring fund...

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