J.P. Morgan's Investor Services announced today that leading risk
analytics provider, Measurisk, LLC, has become an integral part of its
alternative investment services.
Measurisk, which was previously affiliated with The Bear Stearns
Companies, Inc., as Bear Measurisk, LLC, is a leader in providing
institutional investors and asset managers with sophisticated risk
transparency and risk measurement solutions, including value-at-risk,
stress testing and position-based analytics, for multi-manager,
multi-asset class, global portfolios. Measurisk's independent, third
party solutions address the risk analytics and reporting needs of fund
of funds, pension plans, endowments, foundations and other institutional
investors.
More then 1,000 hedge funds, representing over $650 billion in assets,
provide data each month to Measurisk making it the leader in hedge fund
risk solutions.
"The addition of Measurisk complements the already strong portfolio of
fund administration and back office services that J.P. Morgan provides
to hedge funds, fund of hedge funds and private equity funds globally,"
said Robert Caporale Managing Director of J.P. Morgan's Alternative
Investment Services. “For investors to be
successful in today's marketplace they must have a comprehensive
understanding of their risks. The addition of Measurisk demonstrates
J.P. Morgan's commitment to providing our clients with world class
products and services."
Andrew Lapkin, President of Measurisk, added, "We are thrilled to be a
part of the J.P. Morgan global franchise. By leveraging the resources
and analytics capability of J.P. Morgan we will be able to expand our
product and our reach in the global marketplace. J.P. Morgan is a
leading, global provider of alternative investment, operation and fund
administration solutions and thus represents a perfect home for
Measurisk. We look forward to incorporating our risk solutions into J.P.
Morgan's broad array of client solutions."
Measurisk will operate as an affiliate of J.P. Morgan and will continue
to maintain client and manager data confidentiality as its highest
priority. For more information go to www.measurisk.com.
About Measurisk
Measurisk, LLC is the leading risk and quantitative analytics provider
to institutional hedge fund investors. Measurisk analysis and reports
enable improved investment decisions, management oversight and investor
communications. The company specializes in acting as an intermediary
between hedge funds and their investors, using the best available
information to model risk on the funds; positions, exposure or returns.
About J.P. Morgan Investor Services
J.P. Morgan Investor Services is a premier asset servicing provider that
helps institutional investors and alternative asset managers optimize
efficiency, mitigate risk and enhance revenue. Part of J.P. Morgan
Worldwide Securities Services, a division of JPMorgan Chase Bank, N.A.,
Investor Services leverages the firm's unparalleled scale, leading
technology and deep industry expertise to service investments around the
world. It has $15.5 trillion in assets under custody and $4.7 trillion
in assets under administration.
J.P. Morgan
Pam Snook, 212-552-7195
pamela.v.snook@jpmorgan.com
