Prime Services For Hedge Funds

PrimeOne Solutions, a division of CoreOne Technologies, offering a full-service, global prime brokerage platform, has hired five senior executives to its management team.   »

Estlander & Partners has selected SEI to provide operational outsourcing services for the firm’s hedge fund business. »

Citi has expanded its global capabilities for administration and custody services to assist fund managers in establishing a more efficient, informed and effective investment process. »

GlobeOp Financial Services is launching an independent, asset-weighted hedge fund performance index on 15 May, 2012. The latest in a series of monthly GlobeOp hedge fund indices, it is transparent, consistent in underlying funds and data processing, and free from selection and survivorship bias. »

Northern Trust Hedge Fund Services LLC, is actively working with its private fund clients to provide the data necessary for Form PF reporting. »

State Street Global Advisors (SSgA) has launched two currency investment strategies on Deutsche Bank’s dbSelect, its platform for accessing liquid hedge fund strategies. »

CUSIP Global Services (CGS), managed by S&P Capital IQ on behalf of the American Bankers Association, has launched the CGS Hedge Fund Service, which offers unique CUSIP identifiers for domestic and global hedge funds.  »

AIS Fund Administration, a provider of outsourced support and administration for hedge funds, has used Confluence's Unity Financial Statements software to provide hedge fund financial reporting for its clients. »

Macquarie Group will begin offering hedge fund capital-raising services to external hedge funds through its Alternative Investment Strategies (AIS) division. »

HazelTree, a leading provider of Treasury management services, and Treasury Curve, a firm that provides access to institutional money market funds from multiple providers on a single platform, are teaming up to provide hedge fund and asset management executives with true end-to-end service. »