Credit Suisse In Talks To Buy Fortis Bank's Hedge Fund Services

Date: Friday, December 18, 2009
Author: NASDAQ

Credit Suisse Group (CS) Friday confirmed it is in exclusive talks to acquire Fortis Bank Nederland's hedge fund services unit Prime Fund Solutions.

MAIN FACTS:

- Prime Fund Solutions has provided fund services to the alternative asset management industry since 1969.

- Has eight key locations including Ireland, Luxembourg, Isle of Man, Amsterdam, Cayman Islands, Curacao, Hong Kong and Singapore.

- Representative offices in Geneva, London, New York, Boston and Tokyo.

- Clients range from boutique asset managers to large scale global institutions such as pension and sovereign wealth funds.

Company Web site: http://www.credit-suisse.com

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