LaCrosse Global Fund Services has been selected to provide fund administration services to the Flowering Tree Investment Management Pte. Ltd. funds.
The Singapore-based Asian-equities hedge fund manager commenced trading in May 2009 and is led by Rajesh Sachdeva, a former co-founder of New York-based Sansar Capital Management, an Asian equities hedge fund manager that managed more than USD3 billion at its peak. Prior to Sansar, he worked as an investment analyst at Kingdon Capital Management LLC and Alliance Capital Management Holding LP, now AllianceBernstein Holding LP and on the sell side.
“We are proud to be appointed as the administrator to the Flowering Tree funds and are confident that our platform is well suited to support the new funds range and complexity as they strive to reach their performance objectives, says Celia Choh, regional head, LaCrosse Asia.
L.D.