Opus Buys Agile Admin. Unit

Oct 27 2011 | 6:39am ET

Hedge fund administrator Opus Fund Services has expanded its operations on the U.S. West Coast with the acquisition of San Francisco-based Agile Hedge Solution's administration arm.

Terms of the deal were not disclosed, and Agile's team will continue to work with Opus as consultants. Opus already has a San Francisco presence, in addition to its Bermuda headquarters and an office in Chicago.

"Working with the Opus platform will greatly benefit our administration clients who will enjoy the expanded institutional quality service, together with the greater resources Opus can provide," Agile President Nicholas Castoria said. "This will allow Agile to focus on its core business, providing industry leading outsourced CFO consulting service to its current and future clients."

"We are excited to continue the rapid growth of our west coast presence with this transaction," Opus' San Francisco chief, Greg Knapp, said. "The expansion of our San Francisco office is one of our core strategies, and shows the importance that Opus has placed on the West Coast marketplace."


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.