BISYS Alternative Investment Services says it has surpassed $50 billion in assets under administration in Europe. This was accumulated over the eight year period since the firm opened its Dublin office. This significant asset increase reflects the steady growth of new hedge funds in Europe, says BISYS. The firm services 65 hedge fund clients. BISYS opened a second office in Waterford, Ireland last November.
“We are excited about our growth in Waterford and our ability to support our growing list of clients,” says Karen Tyrrell, the MD of BISYS Hedge Fund Services in Europe. “We have a very strong team of talented staff who are extremely committed to our clients and the European marketplace. We look forward to maintaining our superior service as we continue to invest in our business.”
“It is important for us to continue the momentum of our growth,” adds Ronan Daly, the president of BISYS Hedge Fund Services. “Looking to the future, we see continued opportunities and we’re positioned to be in the forefront. We have the people and the infrastructure to continue to be a leader in the industry.”