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Boston Globe – State Street Corp., which specializes in serving institutional investors and wealthy customers, said Thursday it has been selected to provide hedge fundadministration services for about $6 billion in assets advised by Caxton Associates.
State Street’s hedge fund administration company International Fund Services will provide accounting, fund administration, tax and risk services to five master-feederfund structures managed by New York-based Caxton Associates and affiliates.
"Our decision to select IFS as our independent fund administrator was based on their long and significant experience servicing highly sophisticated and complex hedge funds in the industry," said John G. Forbes, chief operating officer of Caxton Associates.
