Wednesday, 17 December 2014
Last updated 10 hours ago
May 16 2008 | 9:34am ET
ALPS Fund Services has acquired fellow hedge fund administrator Price Meadows Inc. Terms of the transaction were not disclosed.
Price Meadows, based in Bellevue, Wash., has more than $6 billion in assets under administration. The firm was founded in 1987 by Kelley Price and Rick Meadows, who will remain with the newly-renamed ALPS Price Meadows, joined by Paul Garvey, ALPS director of alternative investment services.
“Like ALPS, Price Meadows is committed to providing excellent client service,” Ned Burke, president of ALPS, which boasts about $32 billion in assets under administration, said. “ALPS Price Meadows combines the strengths of both firms to create a top-tier service provider to the alternative investment industry.”
ALPS Price Meadows is planning to expand to the Cayman Islands and Europe to supplement its U.S. offices in Bellevue, Boston and Denver.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.