Opalesque Industry Update: U.S. Bancorp Fund Services, LLC (USBFS) announces an
investment in TS Capital, LLC (TSC). This equity ownership allows USBFS to leverage TSC’s active
distribution services. TSC is a third party marketing organization specializing in strategic consulting,
product origination and distribution services in the advisor channel.|
“The combination of TSC’s high quality distribution services with our full service administration, accounting, custody and transfer agent, and regulatory distribution services provides an extensive and compelling solution to our investment managers looking for comprehensive fund services and asset gathering,” said Joe Redwine, president of USBFS.
Founded in 2009, TS Capital specializes in strategic consulting, product development and active distribution. “We are excited by the opportunity to partner with U.S. Bancorp Fund Services. This partnership benefits both our existing and potential clients providing a comprehensive suite of solutions,” said Tina Singh, chief executive officer of TSC. “U.S. Bancorp Fund Services has a terrific client base. We are pleased to provide select investment managers the opportunity to grow market share by accessing our team.”
“The addition of TSC to our service offering provides our investment management clients with access to TSC’s extensive distribution expertise,” said Bob Kern, executive vice president and director of business development at U.S. Bancorp Fund Services. “The TSC management team has a proven track record of successful product design and distribution. Our unique relationship with TSC offers our clients critical distribution resources, allowing them to focus on delivering superior investment results.”