NEW YORK, April 18, 2011 /PRNewswire/ -- HedgeServ, the independent fund administrator for the alternative investment industry recognized for its outstanding service teams and its innovative technology platform, has opened an office in Chicago, IL. The new office will provide fund administration for hedge funds, funds of hedge funds and private equity funds.
Jerry Fuesel, Managing Director, will lead a team of 22 professionals. Mr. Fuesel has 18 years of industry experience and joins HedgeServ from Amundi Alternative Investments Services. He was most recently a Managing Director of Amundi AI Services, Inc., the Global Head of Operations of Amundi AI and a Director of Amundi AI, Ltd.
"By establishing a presence in Chicago, we are better positioned to service our clients in one of the preeminent global derivatives markets in the world," said Jim Kelly, co-founder and chairman of HedgeServ. "We now have a very experienced team in this important market."
The Chicago office is located at One North Wacker Drive. HedgeServ has offices in Dublin, New York, Grand Cayman and Chicago with assets under administration of over $90 billion.
HedgeServ is redefining hedge fund administration with excellence in service and a transparent technology platform that breaks the cycle of costly data duplication while strengthening controls and giving clients real-time access to their data. HedgeServ client service teams are the most experienced in the industry at consistently delivering timely and accurate information to both hedge fund managers and investors. HedgeServ supports all structures, strategies and domiciles of hedge funds, funds of hedge funds, managed accounts, private equity funds and endowment investment platforms from offices in Dublin, Chicago, Grand Cayman and New York City.
HedgeServ was awarded the #1 highest overall average score in the 2010 Global Custodian Hedge Fund Administration Survey, receiving perfect scores in hedge fund administration, fund of hedge funds administration, client service and investor services. For more information, visit HedgeServ's website at www.hedgeserv.com.
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