The founder and former CEO of International Fund Services, Jim Kelly, will lead a new hedge fund administration business for HedgeServ Companies along with other industry pioneers Gene Mannella and Robert Aaron.
Prior to launching the HedgeServ Companies, Mr. Kelly was Founder and Chief Executive Officer of International Fund Services (“IFS”), a global leader in hedge fund administration from 1994 – 2005. Gene Mannella (CEO) was formerly President of IFS. Robert Aaron (Vice Chairman) was Founder and CEO of DPM Mellon from 1994 – 2006 and was Chairman of the Board of the Managed Funds Association from 2006 – 2007.
“Firms that have self administered in the past or firms that are looking for enhanced services from their administrators, now have a viable option for meeting their increased service requirements. Collectively, we have brought together some of the most experienced and talented professionals in the industry and placed them on a powerful, and flexible service platform. The HedgeServ Companies are committed to a partnership with its clients in all aspects of an efficient operations model. Its formula for enhanced client service allows its clients to focus on the primary aspects of their business model,” says Bob Aaron.
HedgeServ Companies currently employ over 150 experienced innovators and professionals in technology, operations, accounting and investor services. HedgeServ currently has $60 billion in client commitments.
JT