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Briefing · Fund operations

Alter Domus states $4.5T AUA across 40,000 structures in 23 jurisdictions

Alter Domus reports $4.5 trillion in assets under administration and 40,000 client structures across 23 jurisdictions (alterdomus.com, Oct 23, 2026). Largest administrator by stated AUA now tracked on this site.

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Alter Domus, the Luxembourg-headquartered asset servicer, states $4.5 trillion in assets under administration across 40,000 client structures, 7,000+ staff and 39 offices in 23 jurisdictions, per alterdomus.com read October 23, 2026. The firm states it serves 90% of the top 30 asset managers globally across private equity, private credit, real estate, infrastructure and secondary strategies. That $4.5T figure exceeds the stated AUA of every other administrator tracked on this site: Gen II ($2T+), IQ-EQ ($950B+) and SS&C ($845B in PE specifically). The comparison between these numbers is imprecise: each firm uses its own perimeter definition and the figures are not independently audited. Alter Domus is newly added to this site's vendor database today as part of the PE fund administration platforms comparison.

Sources

  1. Alter Domuswww.alterdomus.com

Terms used in this article

  • Fund administrator A fund administrator is the firm, or the software operated in-house, that maintains a private fund's books: partner capital accounts, capital call and distribution processing, fee and waterfall calculations, NAV, investor statements and audit support.
  • Capital account A capital account is the running balance of a single partner's economic interest in a fund: contributions in, allocations of income, gains and losses, less distributions out.