STP Investment Services acquires Tower Fund Services Submitted 30/11/2021 - 2:32pm STP Investment Services (STP) has acquired third-party fund administrator Tower Fund Services (Tower). Based in Oceanport, New Jersey, Tower provides an outsourced solution for alternative investment managers and family offices, offering fund administration to private equity funds, cryptocurrency funds, hedge funds, venture capital, fund of funds, real estate, and direct lending funds. “This acquisition will bring additional clients and funds to STP, allowing us to be more intentional about growing our fund administration business across all asset classes and funds,” says STP Chief Executive Officer Patrick Murray.