J.P. Morgan today announced it has been appointed by Tristan Capital Partners, the real estate investment management firm, to provide fund administration and reporting services. J.P. Morgan’s Worldwide Securities Services business will also provide property level data aggregation and reporting. Tristan Capital manages three real estate investment funds with total assets under management of &euro2.8 billion and is currently raising additional capital for its third core-plus fund, Curzon Capital Partners III.
James D. Hutter, Global Product Head, Private Equity & Real Estate Services, J.P. Morgan Worldwide Securities Services, said: “J.P. Morgan has a deep understanding of the real estate market and a team of over 75 specialists in our EMEA operations. This scale of service and ability to provide clients with a breadth and depth of property level data and market intelligence marks us out from other service providers. We look forward to working with Tristan Capital at an exciting time for the firm as it raises its fifth fund.”
Ric Lewis, Chief Executive and Chairman of Tristan Capital Partners, said: “J.P. Morgan displayed a highly differentiated approach and quantifiable experience within the sector that is essential to us and our investors. J.P. Morgan was a very natural choice given their understanding of the sector and experience servicing the institutions that form the basis of our investor base.”
J.P. Morgan is a leading international private equity and real estate administrator, with over $20 billion in real-estate-committed capital for closed ended fund structures in global onshore and offshore domiciles.