Fortis Prime Fund Solutions (PFS) has been appointed administrator to the Farema Fund, a new fund launched by industry veteran Emanuele Antonaci who founded Theorema Fund Management in 2001.
PFS will provide the full suite of fund accounting services to Farema, as well as investor and corporate secretarial services.
The fund has around 40 in seed capital, as of March 2010.
The nationalised bank Fortis Netherlands, owner of PFS, was recently in talks with Credit Suisse over a possible sale of the administrator.