Stuart Feffer, co-chief executive officer of LaCrosse, said, “Our partnership with Capital complements the operational and administrative support platform that LaCrosse offers to its clients in support of best practices.”

Both firms have a large global presence and support sophisticated trading strategies: Capital Services Group, with $8 billion in AUM, offers real estate management and loan servicing, including distressed debt and has offices in, Japan, Thailand, the Philippines, Singapore, Malaysia, Taiwan and China.

LaCrosse offers middle office, operations and administrative support for hedge fund portfolio managers whose global trading strategies include commodities, equities, forex, and derivatives strategies as well as fixed income, distressed debt, structured credit. LaCrosse has offices in Bogot?, Buenos Aires, Caracas, Istanbul, London, Minneapolis, Moscow, New York, S?o Paulo and Singapore.

Comments? Please send them to kmcbride@wealthmanagerweb.com. Kate McBride is editor in chief of Wealth Manager and a member of The Committee for the Fiduciary Standard.