SAN FRANCISCO, Nov. 12, 2014 /PRNewswire/ -- The formation of Conifer Financial Services, LLC was a complementary merger that brought together the expertise of both The Conifer Group, LLC (Conifer) and Vastardis Capital Services Holdings, LP (Vastardis). With Conifer proudly celebrating 25 years in the industry this year, augmented by Vastardis' 11 years, Conifer Financial Services' Jack McDonald expressed his gratitude to the clients who have partnered with the company over the years.
Commenting on the outlook beyond the firm's 25th anniversary, McDonald said "Bill Vastardis and I extend our personal assurance that the superior services our clients have enjoyed will continue. We are committed to providing enviable levels of personal service, technology and financial expertise that are unsurpassed in the industry. Simply put, we will be even stronger in the next 25 years."
If this year is any indication, Conifer is off to a good start based on the number and quality of the mandates the firm has won. HarbourVest-Origami Structured Solutions, private equity firms Perry Creek Capital and Rise Capital, and family office Metropolitan Wealth Management, have signed on for services spanning Conifer's front-to-back offering. Additionally South Carolina Retirement System Investment Commission and Texas Children's Hospital Endowment have awarded Conifer their fund administration business.
Over the coming months Conifer will be announcing several key partnerships with unique service providers that will provide Conifer clients with additional resources. The first was announced recently as Conifer partnered with iMATCHATIVE to deliver their AltX products which will assist clients with asset raising endeavors. "Conifer doesn't rely solely on its 25 year track record to stay relevant and valuable to our clients. We'll keep building and offering more to our partnerships," said McDonald.
About Conifer Financial Services
Conifer Financial Services is a leading independent asset services firm offering front to back capabilities across all asset classes to pensions, endowments, family offices, hedge funds, private equity and venture capital managers, RIAs, and traditional asset managers. Services include Fund Administration, Middle and Back Office Services, Execution Services and Prime Brokerage. Conifer Financial Services has over 200 clients worldwide representing more than $100 billion of combined assets under administration (AUA). Securities and prime brokerage services offered through Conifer Securities, LLC Member FINRA/SIPC.
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SOURCE Conifer Financial Services, LLC