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Butterfield Fulcrum’s Greg Bennett joins HedgeServ for new Cayman office

Tuesday, January 19, 2010
Opalesque Industry Updates - HedgeServ LLC, the company that has re-defined the hedge fund administration service model announces that it will open a Cayman Islands office. Greg Bennett will lead HedgeServ’s efforts. Mr. Bennett, Managing Director, will head a team of 12 veteran industry professionals to provide full fund administration and middle office services to both hedge funds and funds of hedge funds from this new location.

James Kelly, Founder of HedgeServ said, “Our decision to expand in the Cayman Islands comes after the overwhelmingly positive response and demand we have received since our inception last year. We are delighted to welcome Greg and his new team who, along with their solid track record and background, will be a significant contribution to our Company’s growth.”

Greg Bennett said, “I am delighted to be joining HedgeServ’s dynamic team. HedgeServ’s powerful technology platform is unique in the industry. Their strong commitment to a team approach is vital to meeting today’s sophisticated service requirements of both hedge funds and fund of hedge funds.”

Mr. Bennett joins HedgeServ from Butterfield Fulcrum’s Cayman Islands office where he was Managing Director responsible for business development and client relations. Mr. Bennett holds a Bachelor of Commerce degree from the University of Alberta, Canada and is a member of the Institute of Chartered Accountants of Alberta; a CPA; as well as a CFA Charterholder.

HedgeServ has offices in New York and Dublin, Ireland. Currently, assets under administration have risen to over USD 25bn. HedgeServ provides a powerful platform with superior technology, real time portfolio management including risk and portfolio analytics in its fund administration solution. Corporate website: Source

- FG

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