Opus Fund Services, an independent full-service fund administrator, has expanded its US platform with the opening of a New York office.
The Park Avenue location will initially focus on business development and will be headed by the new director of sales and business development, Jorge Hendrickson.
Hendrickson previously worked at Concept Capital Markets in its prime services group as vice president of sales and business development. Prior to Concept he worked for five years on the buy side, most recently at Trading Cross Connects, specialising in allocating capital and infrastructure services to emerging managers. He was previously at Intrepid Capital Management and Bridgewater Associates.
"Our New York office represents a natural expansion allowing Opus to deliver our award winning Opus ONE offering directly to the local fund community,” says Opus president Stephen Giannone. "Jorge has the skillset and experience that will benefit our target client base and we are excited to have him join the Opus team.
Hendrickson says: "I'm very excited for the opportunity to introduce the Opus cutting edge technology and SSAE16 compliant process to the New York hedge fund community. I have followed the progress of Opus with interest for several years and look forward to building our operations here in New York."