View our Security Policies. U.S. Bancorp Expands Throughout Europe U.S. Bancorp announced the key acquisition of Quintillion Limited (Quintillion), a full-service hedge fund administrator earlier this year. U.S. Bancorp announced the acquisition of Quintillion Limited (Quintillion), an Ireland-based full-service hedge fund administrator earlier this year. The transaction supports the strategic initiative of U.S. Bancorp’s Fund Services division expanding its alternative investment servicing network supporting the European investment community. “This acquisition continues to showcase the long-term commitment of U.S. Bancorp to grow our securities services business,” said Terrance Dolan, vice chairman of U.S. Bancorp Wealth Management & Securities Services. “This enables us to enhance our European presence through additional talented resources, and complements our focus on the expansion and diversification of our alternative investment business.” The transaction adds $18 billion in hedge fund assets under administration and 53 employees in Dublin to U.S. Bancorp Fund Services existing alternative investment business. With combined operational experience of more than 80 years, the management team at Quintillion is uniquely positioned to understand the requirements and needs of the hedge fund industry as it relates to the fund administration space. Specific services include: •  Fund Administration & Middle Office Support •  Investor Services •  Risk & Regulatory Support •  Tax & Audit Support Contact your relationship manager today to arrange an introduction or Ken Somerville of Quintillion at +353 1 523 8003 to learn more about the services delivered by Quintillion.