Monday, 30 March 2015
Last updated 2 hours ago
Dec 5 2012 | 2:16pm ET
Investment services firm Orangefield Group is entering the U.S. marketplace with its acquisition of hedge fund administrator Columbus Avenue Consulting, which will now operate under the Orangefield-Columbus brand.
Orangefield-Columbus has over $25 billion in assets under administration. According to the firm, clients will continue to work with their same management teams and benefit from a global suite of operational capabilities and services.
Joep Bruins, CEO of Orangefield, which already boasts offices in Europe, Asia, Africa and the Caribbean, said, “We enter North America by providing hedge fund services for which we are already leading the industry. Partnering with Columbus Avenue sets us up for success in North America. It also creates a strong base for offering Orangefield corporate services to U.S. clients looking to establish and manage legal entities worldwide.”
Joe Holman, founder and managing partner of Columbus Avenue said, “Orangefield has a very broad portfolio in corporate services and fund administration in Europe and Asia, complementing Columbus’s focus on the hedge fund industry in the U.S. “
According to Holman, both companies’ views on applying innovative systems align seamlessly, even on a detailed level. “Like Columbus Avenue, Orangefield is walking in the forefront of applying cutting-edge technologies. I am pleased to say that we completely see eye to eye when it comes to knowing what is in the best interest of our valued hedge fund clients,” added Holman.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…