JP Morgan Chase's [JPM] JP Morgan Worldwide Securities Services unit said Thursday that it will buy Schroders PLC's private equity administration services business for an undisclosed price.

The administration services company works with PE firms that have $6.2 billion under management.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access