Wednesday, 4 May 2016
Last updated 3 hours ago
Jun 13 2010 | 5:55pm ET
ISIS Fund Services has opened a business development office in Charlotte, North Carolina with the addition of Kristin Steele. This is the second time in as many weeks that a fund services firm has announced that it is opening up an office in Charlotte. On June 2, Citco Fund Services—part of The Citco Group of Companies—said that is planning to open an office in Charlotte that will create 258 jobs over the next five years.
At ISIS, Steele will work directly with Ede Conyers, CEO, Brian Desmond, COO and Jane Lewis, associate director, on establishing and growing a hedge fund administration presence in the U.S. Steele’s previous experience includes vice president, senior client relationship manager for HSBC Alternative Fund Services and director of investor relations at Citco Fund Services (USA).
“We could not be more delighted to welcome Kristin to our team and to spearhead our expansion efforts not only offshore, but into the U.S. market," said Conyers. "The opening of a U.S. office is equally exciting for ISIS as it will enable us to build on our existing client base throughout the U.S.”
Currently headquartered in Bermuda, ISIS services 50 funds with assets under administration of $2.5 billion from its Bermuda office. ISIS also has a large corporate governance group that currently services 60 clients.