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Alternative Market Briefing

JVs: Hong Kong and Singapore firms form JV to offer alternative managers `one stop shop` for all risk, middle- and back-end requirements, Bridge Consulting forms joint venture with Independent Risk Monitoring to provide risk solution for hedge funds

Monday, June 30, 2008

Opalesque Exclusive: Hong Kong and Singapore firms form JV to offer alternative managers `one stop shop` for all risk, middle- and back-end requirements Quality Risk Management & Operations (QRMO) and Skye Fund Services are pleased to announce their strategic alliance in offering a streamlined, comprehensive suite of products to alternative investment fund managers across Asia Pacific, effective immediately.

With this strategic alliance, Skye and QRMO will offer a one-stop shop solution to fund managers, especially in the hedge fund and fund of hedge funds space. A product suite combining Skye’s signature administration and middle office services with QRMO’s acclaimed middle/back office, risk management and independent third party valuation services will for the first time offer fund managers in the small-mid tier segment a one-stop shop solution for all risk, middle- and back-end requirements.

Angus Hung, Managing Partner and Co-Founder of QRMO stated, “We are extremely delighted to have this opportunity to join hands with Skye in offering such a comprehensive suite of services. As investors are demanding more transparency and disclosure from hedge fund managers, there are growing calls for alternative investment providers to break away from the status quo and step up the level of reporting and the range of services provided. We believe the timing is right for us and we highly look forward to building a solid client base with Skye.”

Javed Rah......................

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