Grassi & Co. Launches Fund Administration Subsidiary

Financial services firm Grassi & Co. has launched a new fund administration entity—Grassi Fund Administration Services (GFAS).
By Janet Du Chenne(59204)
Financial services firm Grassi & Co. has launched a new fund administration entity—Grassi Fund Administration Services (GFAS).

GFAS, a subsidiary of Grassi & Co., will take over the more than $3.6 billion in assets under administration and more than 250 funds previously administered by Grassi & Co.—continuing to provide customized solutions for fund managers, including fund accounting, investor, audit and tax assistance services on a daily, weekly, monthly and quarterly basis.

GFAS will utilize industry leading technology, such as Advent’s Geneva and Geneva World Investor software.

GFAS will be led by Jim Anziano and Avi Rosenblatt.

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