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NEW YORK--([ BUSINESS WIRE ])--Wells Fargo & Company (WFC) today announced that its hedge fund administration and middle-office service provider, LaCrosse Global Fund Services (LaCrosse), has been re-branded as Wells Fargo Global Fund Services.

"The new Wells Fargo Global Fund Services branding represents an opportunity to leverage Wells Fargoas market reputation with our experience and expertise."

The newly-named firm will continue to provide a complete service offering to the hedge fund administration market utilizing a robust platform and technology that provides traditional fund administration services, operational support, derivatives processing, bank debt processing and cash/collateral management.

aOur new name reflects Wells Fargoas commitment to supporting our suite of hedge fund and private equity industry offerings,a said Christopher Kundro, co-head of Wells Fargo Global Fund Services.aIn addition, our clients are now able to leverage Wells Fargo's many other offerings for alternative investment managers.a

aSince Wells Fargo acquired LaCrosse Global Fund Services last year, we have continued to expand our business and integrate with its global platform,a added Stuart Feffer, co-head of Wells Fargo Global Fund Services. aThe new Wells Fargo Global Fund Services branding represents an opportunity to leverage Wells Fargoas market reputation with our experience and expertise.a

Wells Fargo administers more than $25 billion in alternative fund assets, covering a wide range of strategies traded by global portfolio managers including fixed income, credit, distressed, structured credit, macro, equity, commodities, private equity and real estate. Wells Fargo Global Fund Services work processes follow the sun through a global network of offices located in New York, Minneapolis, London, Dublin, Jersey, Singapore and Hong Kong providing fund managers and investors with 24- hour/6 days-a-week support.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.3 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet ([ wellsfargo.com ]), and has offices in more than 35 countries to support the bankas customers who conduct business in the global economy. With approximately 265,000 full-time equivalent team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortuneas 2012 rankings of Americaas largest corporations. Wells Fargoas vision is to satisfy all our customersa financial needs and help them succeed financially.