- Partnership Marks HedgeServ's Continued Growth in Europe
LONDON, Sept. 12, 2012 /PRNewswire/ -- HedgeServ, an independent global fund administrator, today announces that it has been selected by Portman Square Capital, a London-based international investment management firm, to provide comprehensive front, middle and back office services for its multi-strategy relative value hedge fund, which is scheduled to launch this autumn.
Mike Martin, CEO of HedgeServ (UK), commented: "We pride ourselves on providing a new standard for fund administration through our superior client service, highly-customizable technology, and a keen understanding of global investment markets. We're delighted to be adding a client of Portman Square Capital's calibre to our international hedge fund client base and look forward to providing services to the exacting standards that will be so important to their business success."
Portman Square Capital's relative value investment strategy will focus on four key areas: convertible bonds and capital structure arbitrage, volatility strategies, event-driven, and equity long-short. The investment firm takes a global approach, which allows portfolio managers significant flexibility when it comes to asset allocation. HedgeServ's technology solution will enable Portman Square Capital to manage its portfolio and risk from a single platform in real time.
Toby Lingard, COO of Portman Square Capital, said: "After an in-depth due diligence process, we selected HedgeServ because we need a best-in-class solution to achieve the stringent risk management levels that we require for our global mandate. This platform will enable us to focus on what matters most — our investment process and investor relationships. HedgeServ has a strong track record of institutional-quality infrastructure and consistent delivery of accurate real-time data, making them an ideal partner for us. Our collaboration marks another positive step towards launch as we finalise preparations to start trading."
HedgeServ is an independent global fund administrator, delivering professional expertise, critical information, and institutional infrastructure to alternative asset managers. HedgeServ currently services over $150 billion in assets under administration, with over 500 professionals across its offices in New York, Dublin, London, Chicago, Boston, and Grand Cayman.
HedgeServ clients benefit from a collaborative solution which extends their own capabilities, reduces their total costs, and delivers the flexibility and scale to meet business, investor, and regulatory requirements. The HedgeServ Culture of Excellence is underpinned by the most experienced client service teams in the industry and an unmatched track record of delivering accurate and timely information to managers and investors. The HedgeServ technology platform delivers real-time access to all risk, portfolio, accounting, and investor data and operates on a single database with SOC 1-certified controls.
HedgeServ supports all alternative investment strategies of hedge funds, funds of hedge funds, private equity funds, managed accounts and managed account platforms, UCITS funds, and other institutional investment programs.
About Portman Square Capital
Founded in 2012, Portman Square Capital is an international investment management firm, based in London with a global mandate, offering a multi-strategy relative value fund with a market-neutral focus.
Portman Square Capital has a relative value, absolute return investment philosophy, which aims to generate consistent risk-adjusted returns for investors. This strategy is executed by a team of investment professionals with a multi-year history of working together and backed by high-quality trading platforms and robust risk management systems.
For enquiries on HedgeServ Fund Administration Services, please contact:
CEO of HedgeServ (UK)
+44 (0)20 7870 4980
For media enquiries on HedgeServ, please contact:
HedgeServ, Marketing & Communications
+1 212 920 3563
Rooney & Associates
+1 212 223 0682
For media enquiries on Portman Square Capital, please contact:
Holloway & Associates
+44 (0)20 7240 2476