HedgeServ Receives Top Rankings in Annual Global Custodian Survey

NEW YORK, Aug. 17, 2011 /PRNewswire/ -- HedgeServ, an independent global fund administrator, has received the highest ranking of any administrator with over $100 billion of assets under administration in the 2011 Global Custodian Hedge Fund Administration Survey.  

In its 16th year, the Global Custodian survey is a recognized industry benchmark where over 1,300 investment managers evaluate fund administrators on a range of critical factors including service quality, technology, reporting to investors, and value.  In 2010 HedgeServ received the highest overall average score in the survey's history.

Client commentary accompanied the survey results.  "They have built a scalable system with the client in mind.  It is flexible and has the ability to produce reports and information which are useful in my day-to-day process," said a HedgeServ client.  Other client commentary noted HedgeServ's "superior platform" as "the best technology in the industry" and that "a representative is always available to help, and they have always been willing to work with us to fulfill our distinct needs."  

"The OTC derivatives service, which includes trade capture, confirmations, and collateral management, as well as valuations and reporting, also impresses," said Global Custodian.

"We are very appreciative of our clients for recognizing our commitment to their satisfaction," said Justin Nadler, President of HedgeServ.  "Fund managers and investors are increasingly demanding high-quality client service from their administrator, and the results validate this trend.  HedgeServ will continue its focus on delivering client service excellence and uniquely complete solutions to our clients."

About HedgeServ

HedgeServ has fundamentally redefined fund administration, delivering a competitive advantage to managers and confidence to investors.  HedgeServ attracts and retains hedge fund-caliber professionals through a unique culture of employee ownership.  The HedgeServ technology platform provides managers with an integrated suite of enterprise solutions, including risk & portfolio management, middle office, investor services, and regulatory and compliance reporting tools.  HedgeServ clients have real-time access to critical information and 360 degree views of their portfolio.  HedgeServ controls are SAS 70 Type II-certified, complemented by full operational transparency into all workflows.

HedgeServ has over 350 employees across its offices in New York City, Chicago, Grand Cayman, Dublin, and London, with more than $115 billion in assets under administration.  

HedgeServ supports all structures, strategies, and domiciles of hedge funds, funds of hedge funds, managed account platforms, and private equity funds.  For more information visit the HedgeServ website at www.HedgeServ.com.

For fund administration inquiries please contact:

Kelly Ireland
HedgeServ, Managing Director
212 920 3522
[email protected]

Farnaz Milani
HedgeServ, Managing Director
212 920 3526
[email protected]

For media inquiries please contact:

Leo LaForce
HedgeServ, Marketing & Communications
212 920 3563
[email protected]

Chenoa Taitt
Rooney & Associates
212 223 0682
[email protected]

SOURCE HedgeServ