Prime Services For Hedge Funds

State Street expands HF admin services

State Street expands HF admin services

State Street Corporation, a provider of financial services to institutional investors, has added custody, cash management and foreign exchange services to its suite of front-, middle- and back-office administration services for hedge funds. »

Comment: Aquiline Capital sees value in fund administration

Comment: Aquiline Capital sees value in fund administration

New York-based private equity firm Aquiline Capital Partners has made an investment in HedgeServ, a hedge fund administration company founded by James Kelly and Gene Mannella. »

Comment: Madoff scandal could boost business for fund administrators

Comment: Madoff scandal could boost business for fund administrators

Investors in hedge funds and funds of funds and the individuals and institutions that advise them are responding to the Bernard Madoff scandal by reviewing the mechanisms available to moni »

Managing in the new paradigm: reducing hedge fund costs

Managing in the new paradigm: reducing hedge fund costs

After a year that has seen the near-collapse of financial markets and the worst average performance by hedge funds in the industry's history, many managers have been forced to close their »

Cayman law firm Truman Bodden to merge with Bahamas' Higgs & Johnson

Cayman law firm Truman Bodden to merge with Bahamas' Higgs & Johnson

Cayman Islands law firm Truman Bodden has announced a merger with Higgs & Johnson of the Bahamas as of the beginning of next year. »

Fortis Prime Fund Solutions businesses obtain SAS 70 certification

Fortis Prime Fund Solutions businesses obtain SAS 70 certification

Fortis Prime Fund Solutions has obtained an SAS 70 Type II statement for its entities in the Americas in Curacao, the Cayman Islands and New York, and has also achieved an SAS 70 Type I st »

Maitland names Tim Brown as chief information officer

Maitland names Tim Brown as chief information officer

International legal, professional and fund services group Maitland has appointed Dr Tim Brown, a former managing director of Aqute Business Intelligence, as head of information technology »

Lighthouse partners takes on GlobeOp for fund of hedge funds administration

Lighthouse partners takes on GlobeOp for fund of hedge funds administration

Lighthouse Partners, a fund of hedge funds manager with more than USD6bn in assets under management, has announced it will expand its relationship with GlobeOp Financial Services to full-s »

Hedgeweek Comment: Market travails make Mayfair addresses more affordable

Hedgeweek Comment: Market travails make Mayfair addresses more affordable

The price of commercial office space in Mayfair and St. »

MidCap expands loan and collateral monitoring and reporting for asset-backed transactions

MidCap expands loan and collateral monitoring and reporting for asset-backed transactions

West Hartford, Connecticut-based MidCap Business Credit is expanding its offering of commercial loan and collateral monitoring services for banks, hedge funds and others requiring detailed »

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