LaCrosse Global Fund Services, a provider of operations, middle-office and administration services to managers of hedge funds, has completed SAS 70 type I certification.
LaCrosse Global Fund Services, a provider of operations, middle-office and administration services to managers of hedge funds, has completed SAS 70 type I certification.
The new certification is an international reporting standard that recognises firms that successfully conduct an in-depth, third party review of processes and controls.
‘LaCrosse Global Fund Services’ high standards in areas such as technology, services and operations are key components of our corporate infrastructure. The type I SAS 70 is an independent validation of the value we bring to our clients and our continued focus on excellence in all important areas,’ says Stuart Feffer, co-chief executive officer. ‘We expect to receive type II certification later in 2009 as well.’
In recent months, LaCrosse Global Fund Services has announced additions to its client roster including: Cavenagh Capital, Flowering Tree Investment Management, Noctua Asset Management, Numen Capital, and Tahan Capital Management.