HazelTree Fund Services, a New York-based provider of Treasury management services for hedge funds, will be expanding its operations westward with the opening of its newest office in San Francisco, California headed by Daniel Osborne, former Partner, COO and CTO of Conifer Securities, LLC.
"HazelTree launched in January of this year and already we are servicing clients with a combined AUM in excess of USD30 billion," says the company’s CEO Stephen Casner. "Given our success in New York, coupled with increasing demand from the Pacific Rim, it was a natural next step to expand our operations to the West in order to better serve our clients within this region.
"HazelTree has proven it knows how to find and deliver increased fund performance to hedge fund executives while managing risk and automating compliance issues; Daniel’s experience will complement our team tremendously."
HazelTree’s success has been driven by client demand for Treasury Suite, its robust Treasury Management solution, as well as the firm’s unique business model.
"The approach we are taking is very different from your standard technology model in that it allows hedge fund executives to improve performance through Operational Alpha, a solution that is strictly value-added," says Osborne, who attributes the success of HazelTree’s platform to the fact that it was built by a hedge fund for use by other hedge funds, with a performance that has been proven over time.
"HazelTree’s technology is leading the charge in creating innovative tech solutions for a rapidly changing financial environment," Osborne says. "And I am confident that we will quickly establish HazelTree as a critical resource for fund services in the Western US and Canada."
