MUFG Investor Services is closing out its first decade of service to the global alternative investment management industry with another significant milestone: Surpassing $1 trillion in assets under administration.
“This achievement is a testament to the robust partnerships we’ve built with our clients and the organic growth resulting from our unwavering commitment to serving them,” said John Sergides, CEO of MUFG Investor Services.
The Mitsubishi UFJ Financial Group division entered the alternative asset administration business in 2013. Since then the firm has launched services including business outsourcing, fund financing, asset-backed securities, custody, foreign exchange overlay and payment solutions.
Along the way, the New York-based firm’s footprint expanded to 17 locations with more than 2,300 employees across North America, Europe, and Asia Pacific, with the most recent office openings in Cyprus, Malaysia, Australia, and Vancouver, Canada.
The firm highlighted that its growth has been organic, not driven by acquisitions.
“We are strongly positioned to continue growing the business by exploring new business ventures and delivering new and innovative solutions to support our clients’ growth trajectory,” added Sergides.