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

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note