Alter Domus, a fully integrated provider of fund administration, debt capital markets and corporate services backed by the Permira funds, has acquired Investors Economic Assurance (IEA), a global provider of technology solutions and services to alternative investment managers. The Manhattan-based firm specialises in capital administration solutions including Limited Partners’ waterfall calculations and General Partners’ carried-interest allocations. 

This strategic acquisition represents another milestone in the firm’s growth strategy focused on providing high-quality, vertically integrated solutions to the most demanding private equity, venture capital, real estate, and credit investors. IEA’s proprietary technology platforms, CapAssure and CapAdministration, will complement Alter Domus’ technology stack leveraging industry-leading in-house solutions like CorPro, Agency360, Mailroom and Virtual Back Office, and best-in-class third-party information processing engines like Investran, eFront, Allvue, and Yardi.

IEA’s proprietary technology platforms will offer benefits to all Alter Domus’ clients and significant revenue synergy potential, allowing Alter Domus to offer IEA’s tech-enabled services to the combined global client base. IEA also contributes to strengthening Alter Domus’ Manhattan office and coast-to-coast footprint.

Read more/Source: Private Equity Wire