Mon, Jun 27, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

A holistic offering from administrators IDS

Wednesday, March 16, 2011

By Beverly Chandler, Opalesque London:

Self-styled specialist investment administrators, IDS, have built their offering to undertaking administration for some 180 funds of all types in the hedge fund, private equity and specialist administration space, representing some $5 bn.

The firm commenced operations in 2002 and subsequently took up hedge fund administration in May 2003 in a joint venture with the then Bank of Bermuda. When HSBC took over the Bank of Bermuda the relationship continued until 2005 when IDS severed the relationship with HSBC and commenced providing hedge fund administration to the South African market.

At this time a certain amount of infrastructural capacity had been built up and the hedge fund industry in South Africa began expanding and requiring outsourced administration. IDS felt that they were ideally placed to take advantage of this expansion and have used this base to grow with the market.

Tony Christien, Client Relationship Manager for South Africa, explains that IDS has enjoyed further growth since then. "Between then and now IDS has expanded its sphere of operations to include an office in Malta, where we are a licensed administrator, a representative office in London and administrative capabilities in Mauritius. We currently administer 18 funds out of Malta and are looking to expand into the European market" he says.

IDS's principal client base comprises single and fund of fund managers in the hedge fund, privat......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Roundup: Hedge funds shrink as liquidations outpace new launches in Q1: hedge fund news, week 27[more]

    In the week ending 17 May, 2016, HFR said hedge fund liquidations declined narrowly to begin 2016 after rising sharply to conclude 2015, as investors positioned f

  2. Europe - Hedge funds keep powder dry over big Brexit bets, Hedge funds sense profit in Europe shock waves after Brexit vote, Soros warns Brexit may cause pound plunge worse than Black Wednesday, After Brexit: What will happen if Britain votes to leave the UK?[more]

    Hedge funds keep powder dry over big Brexit bets From FT.com: Hedge funds are shying away from big bets on Brexit, with many unwilling to risk further losses having already suffered a painful first half of the year. With the outcome of a UK vote on the country’s membership of the Europea

  3. News Briefs - ’Flash Boys’ get green light to launch stock exchange, Pimco says ‘storm is brewing’ in U.S. commercial real estate, Bankers get ready to rumble at Hedge Fund Fight Night, AIMA Australia celebrates 15th anniversary[more]

    ’Flash Boys’ get green light to launch stock exchange In an investing environment ruled by fast, the newest U.S. public stock exchange is banking on slow. Well, slower. IEX Group, which won Securities and Exchange Commission approval on Friday to go head-to-head with the New York Stock E

  4. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  5. Global markets fell, hedge funds gain in mid-June on Brexit, Fed rate concerns[more]

    Komfie Manalo, Opalesque Asia: Global financial markets declined through mid-June, as uncertainty associated with the upcoming Brexit referendum and expected U.S. Fed interest rate hike contributed to increases in volatility across asset classes, data provider