Orangefield Group : Orangefield affirms over EUR 10 billion assets under administration
(Thomson Reuters ONE) -
'Unique Global Fund Administration Platform contributory to remarkable
milestone'
Amsterdam, February 8, 2012 - In highlighting EUR 10 billion in assets under
administration, Orangefield Fund Services reveals the success of its unique
Global Fund Administration Platform. Moving through the EUR 10 billion line and
the hiring of new fund services team in the Netherlands further shapes the
contours of Orangefield Group's continuing global expansion in 2012.
Orangefield global Fund Services assists fund managers in all matters regarding
fund accounting, reporting and corporate secretarial in compliance with relevant
industry standards. Sean Murray, Orangefield Director of Fund Services, states,
"Reaching this milestone early in 2012 is indicative of the sustainable climb
that we managed to maintain since 2009." Instrumental to the success is the
development of Orangefield's Global Fund Administration Platform which focuses
on providing integrated administrative services to complex investment fund
structures operating in multiple jurisdictions." Murray continues: "The support
that Orangefield Fund Services provides is critical to managers steering through
important regulatory changes and increasing demands from the investor
community."
Orangefield Fund Services Netherlands
Pivotal in reaching the EUR 10 billion milestone plays the hiring of a new team
lead by Managing Director Stefano Haver, accumulating more than 30 years of
experience in private equity funds administration for Orangefield Fund Services
Netherlands. The team, operating from the Amsterdam office, will underscore
further growth. "We are enthusiastic about joining Orangefield as we believe
that combining our experience with the firm's strong compliance culture will
prove the best fit to deliver services needed by the fund industry as it enters
in a new regulatory era," says Haver.
Green graphs
As a global fund administrator and corporate service provider, Orangefield Group
serves financial institutions, multi-nationals, private equity investors, real
estate fund managers and hedge funds. Joep Bruins, Orangefield CEO, comments: "I
believe this achievement is due to the fact that we truly embrace our clients'
business with an individual approach. We apply ourselves to fully understand
their business, study the risks involved and give them the support they need.
When our graphs are green and moving up, it proves that we are providing real
value to our clients."
### end
Notes to editors.
For more information contact:
Guido Wagenaar, Orangefield Global Head of Business Development.
t: +31205405889 | m: +31 6 54956301 | Guido.Wagenaar(at)orangefield.com
About Orangefield Group
Orangefield is a global full service corporate service provider and fund
administrator, with more than 30 years of experience, providing a wide range of
fund administration, management, administrative and trust services to funds,
corporate clients and private clients all over the world. Orangefield is ISAE
3402 Type II (previously SAS 70) compliant, demonstrating the rigorous controls
and attention to detail expected in all accounting, cash management, investor
reporting and compliance responsibilities.
Orangefield Group has a strong global presence with offices in Europe, Asia,
Africa and the Caribbean. Orangefield Group headquarters is located in
Amsterdam.
For more information, visitwww.orangefield.com
Orangefield affirms over EUR 10 billion assets under administration:
http://hugin.info/149357/R/1592568/500870.pdf
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Source: Orangefield Group via Thomson Reuters ONE
[HUG#1592568]
Unternehmensinformation / Kurzprofil:
Datum: 08.03.2012 - 17:00 Uhr
Sprache: Deutsch
News-ID 123244
Anzahl Zeichen: 4558
contact information:
Town:
Amsterdam
Kategorie:
Business News
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