ALPS PRICE MEADOWS EXPANDS IN THE EAST COAST
ALPS Price Meadows announces that their company has been expanded to the east coast with a fully operational office in Boston providing administration services. Finally, an opportunity for east coast clients to have their funds be serviced by local representatives is given.
The full text of the ALPS Price Meadows press release is reprinted below, and can also be found here.
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Alps Price MeadowsSM Expands East Coast Operations
Denver, CO, January 11, 2009 – ALPS Price MeadowsSM (APM), a leading provider of administration services to the alternative asset management industry, today announced the next step in their planned expansion with a fully operational Boston office providing a complete suite of administration services. The expanded East Coast office will be headed by Jason Cholewa, Manager of Boston Operations, a veteran of APM.
“ALPS Price Meadows’ expansion to the East Coast is a significant milestone as we continue our plans for global expansion. Our clients have been encouraging us to have a local presence out East and we believe they will benefit as we continue to build our capabilities throughout the U.S. and abroad. This expansion will help ALPS Price Meadows continue to provide outstanding client service to each and every one of our clients,” said Ned Burke, CEO.
“This expansion provides our East Coast clients the ability to be serviced in the same time zone and to have local representatives servicing their funds. The expansion shows our commitment to serving our clients and continuing to improve our service capabilities in all areas”, said Paul Garvey, Vice President and Director of Hedge Fund Administration.
Institutional Investor’s 2008 Alpha Awards™ named APM as the #2 Fund Administrator in the “Small Firms’ Favorites” category — second only to Goldman Sachs & Co. Small firms are considered those with less than $1 billion in assets and comprise the vast majority of hedge funds. APM has earned the coveted Alpha Award™ for three straight years.
About ALPS Price MeadowsSM
ALPS Price MeadowsSM (APM) is a division of ALPS Fund Services, Inc.™. APM provides “needs based” solutions — based on needs observed over more than two decades in the hedge fund industry. The firm administers a wide variety of hedge funds, funds-of-funds, private equity and other funds, both domestic and offshore. Currently, APM provides administration services to over 200 funds spread across the United States, the British Virgin Islands and the Cayman Islands. For more information, visit www.alpspricemeadows.com.
About ALPS Fund Services, Inc.™
ALPS Fund Services, Inc.™ is a Denver based outsourcing solution for administration, compliance, creative services, fund accounting, legal, marketing, tax administration, transfer agency and shareholder services for open-end, closed-end, alternative investment and exchange-traded funds. Combined with APM and ALPS Distributors, Inc., they currently service over $240 Billion in client assets. For more information, visit www.alpsinc.com.
ALPS is a registered trademark or trademark of ALPS Fund Services, Inc.™ in the United States and other countries. All other brand names, product names or trademarks belong to their respective holders.
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