Credit Suisse-Headed Prime Brokerage Offers Fund Of Funds Platform

Jul 9 2010 | 11:21am ET

Prime Fund Solutions, soon to be Credit Suisse Group’s prime brokerage business, is beefing up its offerings for its new owners.

The group, currently owned by Fortis Bank Nederland, has launched a new fund of hedge funds platform offering front-, middle- and back-office services to clients. PFS Horizon will give fund of funds managers a single interface through which they can manage their whole investment process.

The new platform was built alongside Comada.

“PFS Horizon is the latest in a long list of innovative products and services that we’ve developed to assist our clients in building their businesses,” CEO Erik Jens said. “We believe this new technology represents a significant step forward in the fund of hedge funds middle office and reporting arena. Our ability to provide greater transparency, asset safety, and robust infrastructure are key to the success of our fund clients as businesses.”

Credit Suisse’s deal for PFS, announced in May, is expected to close by the end of the year.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...