Measurisk has been integrated into JPMorgan Investor Services, the asset servicing arm of JPMorgan Chase & Co., according to a news release today.
The firm, formerly known as Bear Measurisk, had been an affiliate of The Bear Stearns Cos., which was acquired by JPMorgan Chase earlier this year.
Measurisk, led by Andrew Lapkin, president, will continue to offer hedge fund risk measurement, analytics and transparency services to hedge funds of funds, pension funds, endowments, foundations and other institutions, said JPMorgan spokeswoman Pamela Snook.
More than 1,000 hedge funds managing a total of $650 billion report monthly performance and position level data to Measurisk, according to the news release.
