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LaCrosse acquires BofA Merrill Lynch’s fund administration business

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LaCrosse Global Fund Services has completed its acquisition of the alternative fund administration business of Bank of America Merrill Lynch.

LaCrosse now has more than USD21bn in assets under administration and more than 250 employees.

The acquisition was originally announced on 19 July 2010.

LaCrosse is a provider of operations, middle-office and administration services to managers of complex hedge funds.

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