HedgeCo.net – NEW YORK, May 7, 2007 – Equity Trust Group, a leading provider of trust, fiduciary and fund administration services, today announced the launch of their US office for subsidiary EQUITY Fund Services. Robert A. Schaeffer has been named Managing Director and is charged with leading the US effort.
Mr. Schaeffer, 44, will be responsible for promoting and expanding the firm’s global fund services’ for alternative funds in the US. He reports to Joost Löbler, London-based Global Managing Director of EQUITY Fund Services.
“Robert brings hands on experience to this role and has a proven track-record in building related businesses,” said Mr. Löbler. “He has the full support and global resources of the firm and we are confident that his efforts will be integral to our continued growth.”
“I see tremendous opportunity in the US and demand for a player that is truly global, has multiple and value-added offerings and is able to provide the personalized service that fund managers deserve,” said Mr. Schaeffer.
Mr. Schaeffer brings over 20 years of marketing sales and business development experience to the firm. Prior to joining EQUITY Fund Services, he was Marketing Director for the Financial Services Practice at Eisner, LLP, New York, where he was responsible for the fund administration group. Before that, he was Director of Business Development at Rothstein Kass & Co in New Jersey and also served as Business Development Manager at KPMG Peat Marwick. Mr. Schaeffer holds a Bachelor of Arts from the University of Massachusetts at Amherst.
EQUITY Fund Services has over $15 billion under administration and offers services from 11 global strategic locations: Amsterdam, BVI, Cayman Islands, Curacao, Guernsey, Hong Kong, Jersey, London, Luxembourg, Malaysia and New York.
Equity Trust is already in the top 3 of the worlds leading providers of trust and fiduciary services and has a longstanding experience in complex fund administration. In the coming 2-3 years the Group has the ambition to become a major global player in the fund services market as well. EQUITY Fund Services provides a full range of back and middle office services to hedge funds, funds of funds, real estate funds and private equity funds, including tax efficient structures and directorships. The Equity Trust Group has over 1000 staff and is present in 30 countries in Europe, the Western Hemisphere and Asia.
Equity Trust is considered one of the top three players in providing trust and fiduciary services in Europe, Asia and the Western Hemisphere. We are present in following locations: Aruba, Argentina, Belgium, Bermuda, Brazil, British Virgin Islands, Cayman Islands, China, Cyprus, Curacao, Guernsey, Hong Kong, Jersey, Labuan, Liechtenstein, Luxembourg, Malaysia, Malta, Mauritius, the Netherlands, New Zealand, Panama, Samoa, Singapore, Sweden, Switzerland, Taiwan, United Kingdom, USA and Uruguay. The Equity Trust Group is owned by Candover Plc, a leading provider of equity for large European buyouts, and senior management.
For more information please visit www.equityfundservices.com or contact [email protected]
Media Contacts:
Brendan McManus, Walek & Associates, [email protected], 212.590.0524
Armel Leslie, Walek & Associates, [email protected], 212.590.0530
Armel Leslie, Walek & Associates, [email protected], 212.590.0530
