Hedgeserv Plans New Hires In London

Jan 19 2012 | 1:41am ET

Dublin isn't the only European capital where Hedgeserv is growing.

The hedge fund administrator plans to add five staffers to its London office, which opened in September. While it's a pittance compared to the 300 new jobs Hedgeserv has planned for the Irish capital, its necessary to serve the firm's clients, managing director Leo LaForce told HFMWeek.

"Dublin will always be our European headquarters, but we will build out our London office as needed to satisfy manager and investor demand," he said.

The growth of both offices comes as Hedgeserv prepares to roll out a private equity fund administration unit and expand its shadow administration business.

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