APM RANKED #1 IN 2009 GLOBAL CUSTODIAN SURVEY
ALPS Price Meadows announces that its company has been named and voted by clients as the #1 Fund Administrator servicing funds by the Global Custodian’s 2009 Hedge Fund Administration Survey.
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 Receives #1 Ranking in 2009 Global Custodian Survey
Denver, CO– ALPS Price MeadowsSM (APM) announced that its clients have again voted the company among the world’s top hedge fund administrators. Global Custodian’s 2009 Hedge Fund Administration Survey named APM as the #1 Fund Administrator servicing funds with $100 million to $1 billion in assets.
Global Custodian’s 14th Annual Survey results were calculated based on 1,370 responses and rated over 30 service providers worldwide on Client Service, Value, Fund Accounting and Valuation, Investor Services, Reporting to Investors, Middle Office Services, Reporting to Fund Managers and other services unique to the hedge fund industry.
When commenting on APM’s results in the survey, Global Custodian noted that “no score is less than excellent.” A client of APM stated that “ALPS Price Meadows has excellent client service. Contact is never a problem. Issues are resolved in a timely and satisfactory manner. Senior management is available to talk and always attentive to client needs.”
“We were honored to be ranked the #1 hedge fund administrator by Global Custodian in our first year participating in their survey,” said ALPS President Jeremy May. “As we were also recently named the #1 mutual fund administrator in North America by Global Custodian, it is great to see that our clients across all of our divisions here at ALPS are receiving the same world class service levels.”
“The Global Custodian Survey echoes the rankings we’ve received from Institutional Investor - APM has earned the coveted Alpha AwardTM for three straight years,” said Kelley Price, Executive Vice President. “These surveys are the benchmark for all service providers to be measured each year. To see the ALPS Price Meadows name consistently appearing at the top of these lists - which include all of the most well known and respected firms in the industry - is a testament to our people and our commitment to our clients.”
About ALPS Price MeadowsSM
ALPS Price MeadowsSM (APM) is a division of ALPS Fund Services, Inc.™ APM provides “needs based” solutions– derived from observations as former managers and investors in hedge funds and funds-of funds. 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. ALPS has approximately $65 billion in client investment fund assets under administration. ALPS Distributors, Inc. provides distribution services to over $190 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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