HAUPPAUGE, N.Y., Oct. 13, 2016 /PRNewswire/ -- The Gemini Companies are honored to announce that Gemini Fund Services, LLC (Gemini Fund, http://www.geminifund.com) received two U.S. Mutual Fund Services Awards from Fund Intelligence Group—Best Administrator and Most Innovative Fund Administrator among servicers with under $100 billion in assets under administration. The awards were presented at a reception on October 6, 2016 at the Yale Club of New York City.
"We are consistently seeking innovative ways to make it easier for advisors of all sizes to launch and manage mutual funds in today's ever-changing marketplace," said Andrew Rogers, Chief Executive Officer of The Gemini Companies. "As a mutual fund administrator, we serve as an engaged partner offering support in navigating industry rules and regulations, helping advisors launch funds that will meet long-term goals."
Gemini Fund and its sister firms under The Gemini Companies umbrella continue to expand their offerings to clients. In Global Custodian magazine's Summer 2016 mutual fund administration survey, securities service professionals in all servicing areas gave Gemini Fund scores that were between 103 and 246 basis points higher than last year's survey. Global Custodian noted Gemini Fund demonstrated "the most marked improvement in client perception in this year's survey."
Survey participants' comments included:
- "Senior management is very accessible and provides strategic direction and insight into the competitive landscape, which helps us run our business."
- "Some recent technology upgrades have really been a nice value-add. It seems that there are always improvements and tweaks being made to the service and technology to benefit us and keep up with regulations."
"We are humbled and honored that Fund Intelligence Group has recognized the strategic and operational benefits we provide as an administrator," said Mr. Rogers. "We remain dedicated to evolving along with the advisors we serve in order to meet their changing needs."
About The Gemini Companies
The Gemini Companies provide investment companies with a single point of access to multiple solutions for pooled investment products. The individual service firms within The Gemini Companies were built on innovation, client partnerships and service, and their teams possess expertise in fund administration, accounting, technology, compliance and reporting.
Gemini Fund Services, LLC helps bring mutual funds to market, providing comprehensive administration, accounting, distribution and transfer agent services. Gemini Hedge Fund Services, LLC provides middle- and back-office administration, real-time portfolio valuations, comprehensive financial reporting and a full spectrum of investor services to help hedge fund managers meet the requirements of investors and regulatory bodies. Gemini Alternative Funds, LLC offers a managed account platform to fund managers to access multiple distribution channels and operational efficiencies, and allow qualified eligible purchasers and accredited investors to select from a variety of alternative investment strategies through a single account.
The Gemini Companies are subsidiaries of NorthStar Financial Services Group, LLC, which has more than 750 employees and over $455 billion in assets under management and administration, and TA Associates, a leading global growth private equity firm. For more information, please call (855) 891-0092 or visit www.thegeminicompanies.com.
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SOURCE The Gemini Companies