Hedge Fund Veteran Howard Eisen Joins Conifer Group

SAN FRANCISCO, Jan. 10, 2012 /PRNewswire/ -- The Conifer Group, LLC (Conifer), a leading provider of fund administration, middle office, trading and prime brokerage services, today announced industry veteran Howard Eisen will join the Conifer Securities sales team as it expands its client base across the entire spectrum of alternative asset managers. Mr. Eisen has more than 15 years of experience in the prime brokerage and capital introduction segments of the industry and has held senior positions at both Goldman Sachs and UBS. He will be based in New York and report to Conifer President and CEO Jack McDonald.

Mr. Eisen's appointment comes as Conifer is experiencing increasing demand, particularly from large hedge fund managers, for its growing suite of services, namely its new cloud-based asset servicing solution, Conifer iCon.

"Howard has a proven track record of supporting hedge funds and helping them achieve investment success," said Mr. McDonald. "His experience and breadth of industry relationships will be an important part of our continued success as we expand to other segments of the hedge fund market."

"Conifer's offerings are increasingly important to the hedge fund industry," said Mr. Eisen. "Alternative investment firms of nearly every size have to consider innovative solutions that enhance their risk and attribution reporting at a lower cost. Conifer's cloud-based and middle-office services help funds navigate the challenges of ongoing change in reporting requirements and operational models."

Prior to joining Conifer, Mr. Eisen was the co-founder and managing director of FletcherBennett Group, a capital raising and consulting firm that works closely with the hedge fund community. Previously, he was a managing director at UBS Prime Services and prior to that worked for the Spear, Leeds & Kellogg unit of Goldman Sachs Group as a Managing Director.  He also served as Regional Director of Market Development for the American Stock Exchange.

Mr. Eisen previously held positions in corporate finance and credit for a variety of large New York-area banks. He holds a B.S. in Management from the State University of New York at Binghamton, and he sits on the Dean's Advisory Board at Binghamton's School of Management.

About Conifer Group, LLC

The Conifer Group, LLC is a leading provider of services to the hedge fund industry that includes global fund accounting and administration, middle office, prime brokerage and execution services. Conifer's comprehensive platform of business and operations solutions appeals to both start-up and established managers by allowing them to focus exclusively on asset gathering and investing. Headquartered in San Francisco and with offices in New York and the British Virgin Islands, Conifer has been in business since 1989. For more information, please visit http://www.conifer.com

SOURCE The Conifer Group