JPMorgan wins Geldof Africa fund mandate

JPMorgan wins Geldof Africa fund mandate

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JPMorgan Asset Management has secured a fund administration mandate from pan-African private equity fund, 8 Miles Fund 1.

The custodian will provide the fund with services including fund and partnership accounting, capital call/distribution management, investor reporting, investor tracking, investor relations support and treasury services.

Bob Geldof, the former rock star and philanthropist, was one of the key founders behind the fund which aims to drive long-term growth in Africa.
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