New Office

Global Fund Services Firm Deepens US Footprint With New Boston Office

Eliane Chavagnon Editor - Family Wealth Report September 10, 2014

Global Fund Services Firm Deepens US Footprint With New Boston Office

Maples Fund Services, the independent global fund services provider, has opened an office in Boston, MA, significantly expanding its North American presence.

Maples Fund Services, the independent global fund services provider, has opened an office in Boston, MA, significantly expanding its North American presence.

Boston will be a full-service office catering to both US domestic and offshore funds, while giving Maples access to Boston-based hedge fund, fund-of-hedge fund and private equity managers.

The team based there will also tap into the family office, pension plan, endowments and foundations, and institutional investor markets.

“On the back of our recent strategic acquisition in Asia, we are extremely positive about the continued global expansion of our fund administration business through the opening of the Boston office,” said Scott Somerville, chief executive of MaplesFS.

Jason Brandt, regional head of fund services for North America, will head up the Boston effort, while maintaining management responsibility for the overall North American fund services business.

Domenic Rinella, senior vice president, and Joshua Poirier, vice president, have joined the team in Boston to focus on client relationship management.

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