BISYS has been selected by four fund advisory firms to provide mutual fund support through their domestic and offshore fund services operations.
“We are very pleased to be the outsourcing partner of choice for these fund organizations,” said Fred Naddaff, president of BISYS Fund Services. I believe that our sophisticated global operating platforms and reputation as a leader in regulatory and compliance services is propelling BISYS to attract and retain such valuable relationships.
Giant 5 Funds, a Colorado-based investment company, chose BISYS to provide fund accounting, transfer and administrative services for its new allocation fund of funds, Giant 5 Total Investment System and Giant 4 Total Investment System. The two portfolios require balance among real-estate, bonds, capital energy and raw materials.
PARADIGM Global Advisors LLC is also employing BISYS’ fund to provide legal and compliance infrastructure and fund administration services for its new fund of hedge funds portfolio, PARADIGM Multi-Strategy Fund I LLC.
BISYS will act as the fund accountant and transfer agent for the launch of Prusik Asia Fund plc – a long-only, Dublin-domiciled UCITS (undertakings for collective investment in transferable securities).
BISYS will deliver fund accounting, transfer agency, distribution and CCO support to Wayne Hummer Asset Management Company, headquartered in Chicago, IL.