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Opalesque Industry Update - Maples Fund Services, an independent global fund services provider and division of MaplesFS, has announced the opening of its office in San Francisco, its first on the West Coast. Maples said this expansion further solidifies the firm’s North American presence and bolsters its service offering for clients in the region. Additionally, MaplesFS will gain greater exposure to the tightknit local community of investment managers and institutional investors, as well as the broader network of service providers, in the area. “MaplesFS is recognized globally for its proprietary technology and unique client service model and we are always looking to capitalize on opportunities to showcase this,” said Tyler Kim, MaplesFS’ Chief Information Officer and Global co-Head of Fund Services. “Our legacy of innovation is a natural fit with the West Coast market, and the Silicon Valley in particular, and we look forward to continuing to develop and diversify our fund services offering.” While the Silicon Valley has a long-established reputation as a center for technological innovation, there is a burgeoning asset management industry primed for significant growth. With the recent explosion of marketplace and peer-to-peer lending, hedge funds are beginning to recognize the sector’s potential as a long-term investment opportunity and an alternative to traditional bank debt. This will, in turn, drive demand for service providers who can provide the resources and expertise to support the industry’s advancement, said Maples in a statement. Greg Knapp joins the firm as Senior Vice President – Client Solutions and Relationship Management – to lead the San Francisco office. He brings over 15 years’ experience in financial services with a focus on business development, having previously held senior positions with a number of global fund services and fund administration firms. He will be supported by Kim and Jason Brandt, MaplesFS’ Regional Head of Fund Services – Americas to manage relationships and deliver innovative solutions to new and existing clients while supporting the continued growth of the funds services business. “We are thrilled to welcome Greg to Maples Fund Services and look forward to his support as we grow our US presence,” said Brandt. "He brings strong relationships, an in-depth understanding of the local market, and expertise in the marketplace and peer-to-peer lending space that will be invaluable as we establish our reputation and offering in the region.” Article source - Opalesque is not responsible for the content of external internet sites |
Industry Updates
Maples Fund Services opens San Francisco office
Wednesday, July 22, 2015
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