Socit Gnrale Securities Services (SGSS) has been appointed to provide a full suite of fund services to HFIM Evolution Funds, the inaugural fund of hedge funds launch by London-based manager HFIM. This Irish domiciled fund will be serviced out of SGSS’ operations in Dublin.
The objective of this fund is to provide investors with the ability to capture above average risk adjusted returns from the next generation of hedge funds that are at the emerging or early stage of their development compared to larger established funds.
“With operational risk an increasing focus for investors, SGSS’ s sound reputation in the fund services arena for alternative asset classes, coupled with its global branding and presence, establishes immediate credibility in the minds of investors and capital allocators,” says Tushar Patel, the Chief Investment Officer and joint CEO of HFIM.
“We are very proud to be associated with HFIM’s new fund launch,” adds Bruno Prigent, the Head of Investor Services at SGSS. “This mandate is a good win for our Dublin operation which is firmly positioned as one of our main centres of excellence in hedge fund servicing for both onshore and offshore hedge funds”.