Gemini Fund Services Expands into Hedge Fund Administration

NorthStar Financial Services has launched a new subsidiary, Gemini Hedge Fund Services, which will fall under NorthStar's Gemini Fund Services umbrella.
By Jake Safane(2147484770)
NorthStar Financial Services has launched a new subsidiary, Gemini Hedge Fund Services, which will fall under NorthStar’s Gemini Fund Services umbrella.

Gemini Hedge will provide customized and adaptable solutions for hedge fund managers, assisting with middle- and back-office duties, financial reporting and investor services. The new subsidiary will also offer hedge fund managers services for liquidity, reporting and launching funds.

“Gemini and NorthStar are leveraging best-of-breed technology and 30 years of experience bringing pooled investment vehicles to market to help hedge fund managers navigate an ever-changing landscape,” says Andrew Rogers, chief executive officer of Gemini. “With more and more hedge funds adopting mutual fund administration, reporting and accounting standards, our dedicated team is well-positioned to assist hedge fund managers as they adjust to new regulations and investor expectations.”

David Young has been appointed as president of Gemini Hedge. Young has 24 years of financial services experience, particularly related to hedge funds. Previously, he led operations at Spectrum Global Fund Administration, and before that he served as chief operations officer of Chicago-based hedge fund Midland Trading.

«