IQ-EQ has acquired Blue River Partners, a US provider of outsourced solutions to alternative asset managers. 

This strategic combination is aimed at helping IQ-EQ become a "major player in the US private equity and hedge fund services market."

The newly combined US operation will have 200 employees in the region.

Founded in 2009, Blue River now services more than 400 clients and employs approximately 180 team members across its seven office locations - Dallas (HQ), Fort Worth, Houston, Austin, New York, Chicago and San Francisco.

The firm provides fund administration to private equity funds; fun...