CST: 05/12/2016 14:36:22   

Custom House Global Fund Services Launches New Brand

285 Days ago

A Return to the Original Industry Model Is Needed to Reassert the Values of Independent Fund Administration Which Had Become Lost Due to Consolidation

HONG KONG, CHINA and LONDON, UNITED KINGDOM and CHICAGO, IL--(Marketwired - Feb 24, 2016) - Custom House Global Fund Services, a leading independent hedge fund administration specialist, is pleased to announce the launch of a new brand interface and the official transition of the firm to an independently-owned fund administrator, following regulatory and government approvals.

As part of the brand relaunch, Custom House has introduced a new logo and resource-oriented website that reflects the company's DNA as an independent fund administrator focused on delivering a service-led business model in an industry that faces increasing complexity from today's financial markets, regulation and compliance. The brand relaunch is a result of the creation of Custom House as a stand-alone entity from parent TMF Group B.V., initiated last year.

"We are experiencing a demand in the industry for a return to core values. The origin of the fund administration business was always envisioned as an independent entity servicing the needs of the investor, completely free of conflict from any part of the investment process," said Mark Hedderman, CEO, Custom House Global Fund Services. "We will provide a much needed model for the industry while continuing to focus on client delivery, quality service, backed by a high level of industry expertise and experience that resides in a talented team of senior level professionals."

In the past year, Custom House has received market validation for its independent business model by adding 74 new client mandates in 2015 and 39 signed commitments as of January 31st this year, in addition to opening offices in London and Hong Kong. The company continues to build out its technology and a 24-hour fully seamless and integrated platform that connects all of the firm's 13 global locations.

Mr. Hedderman added, "We believe the time is right to bring to the forefront the important role an independent administrator can play in providing real value and comfort to managers and investors alike. Our new brand communicates a return to core values based on 25 years of experience and expertise in servicing the investment management sector."

About Custom House Global Fund Services
Custom House Global Fund Services is a leading independent hedge fund administration specialist ideally located to deliver services in Europe, Asia and the Americas. We partner with established hedge fund managers, start up managers, family offices and institutional managers, with a combination of experience, global presence and technology. Founded in 1989, Custom House grew with the alternative investment industry providing superior fund administration and investor services and today provides one of the most advanced service offerings available to fund managers. With over $20bn in AUA, Custom House provides fund administration services to more than 200 managers and 500 investment funds. The firm has offices in Chicago, Dublin, Geneva, Guernsey, Hong Kong, London, Malta, New York, Rotterdam, Shenzhen, Singapore, Sofia and Sydney. For more information, visit www.customhousegroup.com.

For further information, please contact:
Rosalia Scampoli
LJOPR
Tel: (212) 404 2395
rscampoli@ljopr.com