Prologue Capital, a UK and US-based investment manager, has selected LaCrosse Global Fund Services to provide daily fund administration and certain middle and back office operations.
Launched in February 2006, Prologue Capital pursues a fixed income strategy that invests in G7 government securities and related markets.
"Prologue’s decision to convert its fund administration and part of its middle-and back-office operations to LaCrosse enables it to leverage our institutional-quality platform as it gears up for the next phase of growth,” says Rob Helszajn, head of European client relations and business development at LaCrosse.
“Given our integrated global operating model and systems, we are able to support Prologue’s UK and US portfolio managers seamlessly in any market in which it trades worldwide. LaCrosse’s well-established controls, which are designed to reduce operational risk, are a major benefit to both Prologue and its investors.”
“LaCrosse has a proven track record of supporting alternative funds and offers a flexible package of services for the middle-and back-office that have been tailored to our specific needs,” adds Prologue Capital chief operating officer and chief financial officer John Sheeran.
