Wednesday, 26 October 2016
Last updated 1 hour ago
Mar 18 2009 | 12:42pm ET
Aquiline Capital Partners, a New York-based private equity firm specializing in financial services, has invested in HedgeServ Holding, a hedge fund administrator. Aquiline will provide growth capital to fund HedgeServ’s development and expansion.
HedgeServ is led by James Kelly and Gene Mannella, founders of International Fund Services, and Robert Aaron, founder of DPM.
“Recent industry events have made real-time access to data on positions, pricing and risk critical issues for industry participants,” said Kelly. “HedgeServ provides hedge fund managers with an efficient means to address these key issues. Aquiline’s depth of experience in the asset management industry makes them an ideal partner for HedgeServ as it builds its business.”
HedgeServ has offices in New York and Dublin, Ireland.