Gemini Promotes Andrew Rogers To CEO And Kevin Wolf To President

HAUPPAUGE, N.Y., July 31, 2012 /PRNewswire/ -- Gemini Fund Services, LLC (Gemini), an engaged partner to independent advisors as a provider of comprehensive, pooled investment solutions, has announced key management promotions as well as the relocation of its two offices. These developments will allow Gemini to continue its growth trajectory, and provide a great opportunity for leveraging additional expertise within the organization to aid advisors in bringing investment products to market.

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Andrew Rogers has been appointed Chief Executive Officer and Kevin Wolf has been named President. The promotions became effective in the second quarter of 2012. Mr. Rogers, who previously served as President, will continue to lead the company, with a major focus of his efforts on new business development. Mr. Wolf, who previously served as Executive Vice President, will oversee Gemini's operations in the areas of fund accounting, fund administration, legal administration, tax and compliance, technology and transfer agency.

Gemini's growth has also led to relocating its offices in Hauppauge, N.Y., and Omaha, Neb., to more spacious quarters. As of October 1, 2012, Gemini's new headquarters, which will also house subsidiaries Northern Lights Compliance Services, LLC and Gemcom, LLC, will be at 80 Arkay Drive in Hauppauge. Meanwhile, effective August 1, 2012, Northern Lights Distributors, LLC and Gemini's transfer agency department will move to 17605 Wright Street in Omaha.

"Gemini has been in the business of creating and servicing mutual funds and helping advisors successfully launch pooled investment solutions for over 25 years and we currently have more than $15 billion in assets under administration," said Mr. Rogers. "Our ongoing focus is on empowering advisors to bring alternative investment funds to market to meet the increased interest in these vehicles among high net worth clients."

In addition to the new roles of Mr. Rogers and Mr. Wolf, Gemini has announced the following management appointments for multiple teams:

• Kara Baird has been named Senior Vice President of Transfer Agent.
• Jim Colantino has been named Senior Vice President of Fund Administration.
• Michael McDermott has been named Senior Vice President of Fund Accounting.
• Wendy Wang has been named Senior Vice President of Tax & Compliance.
• James Ash has been named Senior Vice President of Legal Administration.
• Chris Baird has been named Associate Vice President of Dealer Services.
• Susan Hansen has been named Vice President of Client Services.
• Larie Lydick has been named Senior Vice President of Technology.

"We congratulate all of our talented executives on their well-deserved promotions, and have every confidence that these appointments will allow us to enhance Gemini's offerings and services as we continue to grow," said Mr. Rogers.

For media inquiries, please contact Dana Taormina at 973-850-7305 or [email protected].

About Gemini Fund Services, LLC

Gemini Fund Services, LLC (www.geminifund.com) provides comprehensive, pooled investment solutions as an engaged partner to independent advisors. Gemini serves as a strategic partner and resource to advisors that want to bring their own, unique investment vehicles to market, including mutual funds, hedge funds, and alternative investments such as collective investment trusts. As a full-service firm, Gemini provides the administration, accounting, and technology that advisors need in order to launch and market successful products. With over 25 years of experience creating and servicing funds, Gemini brings years of industry knowledge and insight to help advisors achieve the vision of their product and deliver the most extensive range of turnkey solutions to clients.

1048-GFS-7/26/2012

SOURCE Gemini Fund Services, LLC