HedgeServ Appoints Bill Kelly as Global Head of Sales

NEW YORK, July 9, 2012 /PRNewswire/ -- HedgeServ, a top-ranked global fund administrator, today announced that Bill Kelly has joined the firm as Global Head of Sales and will be responsible for building relationships with hedge fund managers, funds of hedge funds, private equity funds, and institutional investment managers. He will be based in HedgeServ's New York office and will report to Jim Kelly, HedgeServ Chairman and Co-founder.

"Bill is a dynamic addition to the HedgeServ team and a knowledgeable industry veteran recognized for his expertise in helping asset managers build institutional infrastructure," said Justin Nadler, HedgeServ president and co-founder.  "We are glad to welcome Bill to HedgeServ and feel his deep industry insight and reputation as a trusted consultative resource for asset managers and investors pairs perfectly with our commitment to answering the global demand for HedgeServ's high-quality fund administration services."

Mr. Kelly brings over thirty years of experience in technology and financial services. Prior to joining HedgeServ, Mr. Kelly was the global head of sales at Paladyne, working with fund managers and fund administrators in providing solutions to improve their infrastructure.  Prior to Paladyne, Mr. Kelly spent ten years at GlobeOp Financial Services, where he made a major contribution to that firm's growth as global head of sales and as a member of their operating committee.

"Having spent the last twelve years forming a strong view on what constitutes best practices in front, middle, and back office services and fund administration, I am amazed at the level of quality across client service levels, people, technology, and culture that HedgeServ has developed.   It will be a true pleasure to offer our services to prospective clients. The team at HedgeServ has gotten it right, and continues to enhance their capabilities through their creativity and passion for excellence," said Mr. Kelly.

About HedgeServ

HedgeServ is a top-ranked global provider of fund administration services, currently servicing over $150 billion in assets under administration, with over 500 experienced professionals across its offices in New York, Dublin, London, Chicago, and Grand Cayman.

HedgeServ has set the benchmark for client satisfaction by focusing on excellence in client service.  HedgeServ clients benefit from a collaborative solution which extends their own capabilities, reduces their total costs, and delivers the flexibility and scale to stay ahead of the curve.  The HedgeServ Culture of Excellence is underpinned by the most experienced client service professionals in the industry and an unmatched track record of delivering accurate and timely information to managers and investors.  The HedgeServ technology platform delivers real-time access to all accounting, portfolio, and investor data and operates on a single database with SOC 1-certified controls.

HedgeServ supports all alternative investment strategies of hedge funds, funds of hedge funds, private equity funds, managed accounts and managed account platforms, UCITS funds, and other institutional investment programs.  For more information please visit www.HedgeServ.com.

For enquiries on HedgeServ fund administration services, please contact:

Bill Kelly
HedgeServ, Global Head of Sales
+1-212-920-3522
bkelly@hedgeserv.com

For media enquiries please contact:

Leo LaForce
HedgeServ, Marketing & Communications
+1-212-920-3563
llaforce@hedgeserv.com

Chenoa Taitt
Rooney & Associates
+1-212-223-0682
ctaitt@rooneyco.com