Pinnacle Fund Administration, a provider of full-service fund administration services to onshore and offshore alternative investment vehicles, has opened a Canadian office in Vancouver.
Pinnacle Canada Fund Administration Ltd. will be managed by David Smith and Keith Donald and will serve the Canadian alternative market as well as strategic international locations.
Smith, a Canadian chartered accountant, is the co-founder of Pinnacle and has more than 10 years of experience in the hedge fund industry. From 2000 to 2004, he practiced in the hedge fund industry in Bermuda, first at Ernst & Young and then at Prime Management Limited. In 2004 he established Pinnacle Fund Administration LLC in Charlotte, North Carolina. At Pinnacle, David was responsible for the delivery of fund administration services to clients and investors including the development of Pinnacles technology platform and operating systems.
Donald, a UK chartered accountant, has more than 12 years of experience in the hedge fund industry, practicing in Bermuda between 1998 and 2008 at KPMG and Olympia Capital. Following his move to Canada in 2008, Donald was CEO of CACEIS (Canada) Limited. At CACEIS and Olympia Capital, Keith was responsible for all aspects of operations, including new client integration, business development and client relationship management.
There are tremendous opportunities in the Canadian market, says John Kelly, managing member of Pinnacle Fund Administration LLC. We are also delighted to attract a talented professional of Keith Donalds caliber to join our team in the next phase of Pinnacles growth.
David Smith, managing director of Pinnacle Canada Fund Administration Ltd., adds: Opening the Vancouver office allows us to collaborate with our Canadian clients, understanding their local service and regulatory needs whilst leveraging the client service and technology model that enabled our success in the United States market.