IQ-EQ has announced the successful completion of its acquisition of Blue River Partners, the US-based provider of outsourced solutions to alternative asset managers following receipt of all necessary regulatory approvals. It says the acquisition is its first strategic buy in the US funds private equity and hedge fund services space.

It adds that the newly combined operation brings together a highly experienced team of 200 funds professionals servicing more than 500 clients across the US from its seven office locations: Dallas, Fort Worth, Houston, Austin, New York City, Chicago and San Francisco.

The transaction significantly strengthens IQ-EQ's existing presence in the US, the largest and fastest-growing fund administration and regulatory compliance market in the world, and further cements its position as one of the top four investor services providers globally.

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IQ-EQ has announced the successful completion of its acquisition of Blue River Partners, the US-based provider of outsourced solutions to alternative asset managers following receipt of all necessary regulatory approvals. It says the acquisition is its first strategic buy in the US funds private equity and hedge fund services space.

It adds that the newly combined operation brings together a highly experienced team of 200 funds professionals servicing more than 500 clients across the US from its seven office locations: Dallas, Fort Worth, Houston, Austin, New York City, Chicago and San Francisco.

The transaction significantly strengthens IQ-EQ's existing presence in the US, the largest and fastest-growing fund administration and regulatory compliance market in the world, and further cements its position as one of the top four investor services providers globally.