Custom House Global Fund Services, an independent hedge fund administration specialist, announced today the opening of its Beijing office to accommodate the need for experienced fund administrators with a committed local presence.
“Custom House continues to expand on our relationship-driven services in the Asia alternatives market as new fund launches are on the rise,” said Mark Hedderman, chief executive officer, Custom House Global Fund Services. “As an independent administrator, we provide unbiased reporting to investors looking for experienced partners with a local presence that can help them at every stage of the investment process.”
Tony Kan, managing director of Custom House Fund Services Hong Kong Ltd, adds: “This is our third office opening in Asia over the last two years and we are pleased to have Nancy and Yichen join our team in Asia to strengthen our footprint in the fund administration space. Most of our Asian clients require immediate responses from local experienced staff that could meet them in person and have a better understanding of their needs with comprehensive knowledge of local and global fund industries. We particularly see an increase in demand for fully independent fund administration solutions from large financial institutions, PEREs (private equity real estate) and hedge funds in China, and we believe it is necessary to support this growth with local offices to better service our clients.”
Wang joins from TAKA Corporate Consulting Limited (acquired by VISTRA in 2016) where she was head of sales since 2007, overseeing the North China market.
Huang joins from Citic Prudential where she was a senior manager responsible for fund accounting of Money Market Funds and PERE Funds.