Water Street Healthcare Partners, a private equity firm, hired JPMorgan Private Equity Fund Services as its fund administrator, said John Johmann, JPMorgan spokesman.
Our contract with BISYS Group was up for renewal. This was the opportunity to review other providers. We were really impressed with JPMorgan, said Water Street spokeswoman Kelly Zitlow. The firm has $1 billion in assets under management, invested in the health-care industry. BISYS was acquired by Citigroup in 2007.