ISIS Fund Services Establishes a Cayman Subsidiary and Obtains a Corporate Services License

HAMILTON, Bermuda, April 24, 2012 /PRNewswire/ -- ISIS Fund Services Ltd. (ISIS) is pleased to announce that it has been granted a Corporate Services License by the Cayman Islands Monetary Authority.  ISIS will now be able to provide Cayman domiciled funds with registered office services through ISIS Fund Services (Cayman) Ltd. ISIS will continue to provide Cayman domiciled funds with fund and portfolio accounting, investor servicing, corporate secretarial and independent directorship services through its offices in Bermuda and the U.S.

"Establishing ISIS Fund Services (Cayman) Ltd. is a natural extension of the Company's existing services having offshore headquarters and a large number of fund clients domiciled in Cayman," says Ede Conyers, CEO of ISIS. "ISIS recognizes the value of having an established presence in the Cayman Islands with Cayman being a key offshore jurisdiction and funds domicile and will allow the ISIS Funds Group to provide Cayman funds with a more comprehensive service offering."

ISIS has also recently set up a New York presence to facilitate marketing and business development efforts. This office will be solely an ISIS representative office and core operations will continue to be handled out of the Company's Bermuda and U.S. offices.

About ISIS

ISIS is a well established fund administrator providing administrative and operational support to a wide range of global investment managers adopting a diverse range of investment styles.  Our product offering specializes in hedge funds, ILS funds, fund of hedge funds and private equity funds with a comprehensive range of fund administration services.  ISIS has offices in Bermuda, the Cayman Islands and the U.S. The Company was founded by a leadership team with significant in depth knowledge and expertise in fund administration and has created a company that is client focused with the ability to offer products and services tailored to meet clients' needs.  The Company's success is built on stability, professionalism and expertise combined with flexibility, autonomy and character. ISIS Fund Services Ltd. is licensed as a fund administrator by the Bermuda Monetary Authority under the Investment Funds Act 2006.

SOURCE ISIS Fund Services