Permira Is Said to Consider Sale of Funds Platform Alter Domus

The owners of Alter Domus are considering a possible sale of the fund administration platform, according to people familiar with the matter.

Private equity firm Permira and the company’s founders have held some inital discussions with potential suitors as they study a sale of part or all of the business, one of the people said. Alter Domus may be valued at several billion dollars in any deal, the people said, asking not to be identified discussing confidential information.

They are also considering other options, including a possible initial public offering of Alter Domus, one of the people said. Any sale ...