IQ-EQ lands major mandate with Natixis affiliate, takes on 72 staff in India

Mark Battersby
clock • 3 min read

Global investor services group IQ-EQ has struck a deal to provide $10.1bn AUA private investment house Flexstone Partners with global fund administration and related services. In a statement on 15 August, it said the deal is taking place via a unique "lift out" agreement which will see IQ-EQ take on 72 India-based employees. The landmark deal that will see the investor services group, an Astorg portfolio company, provide the investment firm with global fund administration and a suite of related services. As part of this mandate IQ-EQ has lifted out Flexstone's key servicing team from...

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