Tue, Sep 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. Star names struggle as smaller hedge funds make hay[more]

    From eFinancialnews.com: Many big-name funds have been hit by sharp reversals in markets, including US government bonds and UK stocks, and have struggled to extricate themselves from positions that have gone bad. According to data group eVestment, hedge funds below $250 million in size are up 4.1% t

  2. North America - Acela fight splits hedge fund Connecticut and old money enclaves[more]

    From Bloomberg.com: Connecticut’s residential coastline is two worlds, the one of newcomer millionaires and one whose wealth and New England roots span generations. Now, their differences over a rail route threaten to gum up plans for the U.S. Northeast’s fastest-ever trains. About 30 miles from Man

  3. Activist News - Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership, Activist investors double chance of CEO exits[more]

    Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership From Calvinayre.com: Casino operator Caesars Entertainment has improved its offer to junior creditors to over $5b, but the offer is only good until Friday. On Wednesday, Caesars added an extra $1.6b to the $

  4. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  5. Comment - ‘Gut feeling’ measurable in hedge fund traders, How hedge fund managers can use blockchain to maximize benefits[more]

    ‘Gut feeling’ measurable in hedge fund traders From Laboratoryequipment.com: “Gut feeling” is an intangible – an automatic hunch – based on prior experience for some people. But the “gut feeling” is actually a measurable response developed in professionals doing some high-risk work, acco