Kramer Levin has advised the shareholders of Adjuto in the sale to FE fundinfo, a global leader in information, technology and services for investment funds. With this acquisition, FE fundinfo demonstrates its commitment to improving distribution channel and fee management solutions.
The acquisition is part of an initiative by FE fundinfo launched at the start of the year, aimed at strengthening middle- and back-office processes for asset managers through digitalization, standardization and automation.
Thanks to its distribution intermediary remuneration calculation engine and its cutting-edge technology, Adjuto plays an essential role in the implementation of FE fundinfo’s distribution channels and cost management service.
The system and technology developed by Adjuto over the past 10 years have been adopted by industry players in France, Luxembourg and Switzerland, enabling smooth and more efficient management of the reconciliation and calculation of the remuneration of distribution intermediaries.