Back Office & Operations Mergers & Acquisitions / Joint Ventures Technology & Risk Management

State Street to offer managed accounts via new joint venture


State Street Corporation has formed a strategic alliance with InfraHedge, a UK-based company providing an independent governance and risk management infrastructure for institutional investors to invest in hedge funds through managed accounts. To do this, State Street has taken a majority equity investment in InfraHedge.

As the growth of institutional investment in hedge funds continues, managed accounts are increasing in popularity as a mechanism for institutional investors to obtain more transparency and insight into risk exposure.

State Street will add InfraHedge’s managed account platform, which is aimed at global institutional investors, including pension funds, endowments, funds of hedge