Alter Domus inks outsourcing deal with Partners Group
ILLINOIS, UNITED STATES — Alter Domus, a provider of fund administration and corporate services for the alternative investment industry, has announced a significant outsourcing partnership with Partners Group, a global private markets investment firm.
This collaboration marks one of the largest outsourcing agreements in the sector, showcasing a trend toward specialized service providers in the alternative investment space.
Scope of the partnership
Under the agreement, Alter Domus will provide comprehensive administrative support to over 1,000 of Partners Group’s product entities.
The services will include fund administration, client due diligence, corporate secretary, and depositary functions.
The agreement spans investment structures across the United States, Europe, and Asia, highlighting the global nature of this collaboration.
Innovation and technology at the forefront
Both companies have committed to joint investments in innovation and a bespoke technology roadmap. This focus on technological advancement aims to enhance service quality and operational efficiency across Partners Group’s global operations.
“By collaborating with Alter Domus, our best-in-class capabilities of global private market services and technology will help Partners Group to focus on their core investment management strengths,” said Doug Hart, CEO of Alter Domus
“Aligning with Partners Group’s growth ambitions is no small task, we are honored to be selected as their private market services partner.”
Tailored solutions and global reach
Alter Domus, with its workforce of over 5,100 employees across 39 offices worldwide, was chosen for its service delivery, technology capabilities, and global footprint.
The company’s approach focuses on creating bespoke operating models tailored to meet the specific needs of individual investment managers.
“We selected Alter Domus as a global outsourcing partner after a rigorous selection process in which they impressed with their ability to tailor their services to Partners Group’s suite of bespoke client solutions,” said Andreas Knecht, Chief Operations Officer at Partners Group.
As a result of this collaboration, Partners Group, which manages over $149 billion in assets, will be able to leverage Alter Domus’ expertise to enhance its operational efficiency and focus on its core investment activities.
