Independent Fund Platforms has announced the appointment of State Street as its new administration and custody services provider to its funds platform.
The Jersey-based Independent Offshore Platform is designed to improve the efficiency of launching funds particularly for those wishing to re-engineer an offshore fund.
Hugh Hunter, director of independent Fund Platforms said, “State Street has extensive expertise and in-depth knowledge in asset servicing, and will fully support us with hosted operational architecture to provide value-added support and branding autonomy which is scalable and global.”
Nigel Hill, State Street’s vice president spoke of the unique benefits that the platform can bring.
“The Independent Offshore Platform (Jersey) ICC is the only independent platform in Jersey for third party managers and we are delighted to support them.“
“We are pleased to support The Independent Fund Platforms and look forward to developing a strong relationship with their team.”
Independent Fund Platforms chooses State Street for Custody
Independent Fund Platforms has announced the appointment of State Street as its new administration and custody services provider to its funds platform.