The asset servicing arm of bankrupt Silicon Valley Bank provided custody services to at least 5949 private equity funds and hedge funds registered with the US regulator, the Securities and Exchange Commission, according to a data intelligence provider’s confidential findings.
The leaked 46-page list reveals SVB’s sprawling banking and financial advice empire stretched deep into an A-list of professional US and global investors that used its custody services for hundreds of billions of dollars managed across global debt, credit, alternative, real estate, and private equity assets.
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