JPMorgan to Pick Up Hedge Fund Firm

July 20, 2004 ( - JPMorgan has has agreed to acquire Tranaut Fund Administration Ltd., a privately-owned hedge fund administration services company.

The banking company said in a news release that its acquisition is expected to close during the third quarter.

“This   acquisition   represents   a logical extension to the firm’s servicing capabilities   and   demonstrates our commitment to servicing a wide range of investment   products   on   a   global   basis,”   said   Conrad   Kozak,   Head of Strategic   Business   Development,   Treasury   & Securities Services for JPMorgan.   More information about the bank is at .

Tranaut was formed in 1999 and has offices in Ireland and Bermuda.   More information is at .