Cash Administration

ILSFS offers cash management solutions through JP Morgan. One of the divisions of JP Morgan provides banking services for about 100 administrators, 3,000 fund families and over 15,000 entities in the alternative space comprised of management companies, single manager funds, fund of funds, and special purpose vehicles (SPVs). ILSFS has established a banking platform with JP Morgan in order to facilitate the opening of multi currency bank accounts and treasury services for fund clients

  • Establish and maintain bank accounts through JP Morgan’s Bank Account Platform for alternative fund managers
  • Disburse payments of approved third party fees and expenses incurred by the Fund
  • Facilitate the payment of duly authorized redemptions
  • Facilitate the transfer of subscription monies to the Fund’s accounts with its prime broker/custodian