Hedge fund administrator Fulcrum has merged with the hedge fund services arm of a Bermuda-based bank in a deal that will expand Fulcrum's scope and client base.

The agreement will merge the fund services business of The Bank of NT Butterfield & Son International with Fulcrum, also based in Bermuda, and will result in in a re-branded company, dubbed the Butterfield Fulcrum Group.

Fulcrum and Butterfield bank to merge fund services

Stephanie Baum in New York

Bank of NT Butterfield & Son

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