New York – The Kenmar Group, a Rye Brook-based $1.5 billion global alternative investment firm, has selected GlobeOp Financial Services to provide an extensive range of fund administration, risk and data centre-related services.<\/p>\n
Kenmar invests in managed accounts and funds across a wide variety of trading strategies. The firm\u2019s CLariTy Managed Account & Analytics Platform is comprised of 40 separately managed accounts. GlobeOp\u2019s managed account, risk and technology expertise were key elements in the selection decision.<\/p>\n
\u201cSince our inception in 1983, Kenmar has recognised the value of transparency and of providing our investors with the most advanced technology and information access available,\u201d said Esther Goodman, chief operating officer of Kenmar. \u201cAs technology develops, we continue to look for better and more efficient ways to use data. We harness technological innovation to our advantage and for the benefit of our clients. The integration of risk and customised reporting is a central operational requirement. GlobeOp\u2019s systems will enhance Kenmar\u2019s ability to provide our investors with detailed and integrated risk analytics and reporting, and independently verified asset and performance data. Their size and reputation, robust technology platform, data centres and commitment to continuous technological investment offer the scale for continued growth that we require from a top-tier administration services partner.\u201d<\/p>\n
\u201cWe welcomed the rigour and attention to detail of Kenmar\u2019s due diligence during the selection process,\u201d said Vernon Barback, GlobeOp president and COO. \u201cTheir proactive approach to identifying and managing risk aligns well with our commitment to operational transparency and controls. We appreciate their trust and confidence in our experience, people and technology to strengthen their platform and increase the value added for their clients.\u201d<\/p>\n
Added George Evans, GlobeOp head of business development: \u201cKenmar\u2019s 27 years of managed account experience continually raises the bar in terms of industry best practices and investor reporting solutions. We look forward to supporting them with an established infrastructure and processes that now serve more than 250 managed accounts.\u201d<\/p>\n
GlobeOp\u2019s managed account services \u2013 GoMAP\u2122 \u2013 offer independent middle+back office and risk services, and daily, in-depth data and reporting tools.<\/p>\n
About The Kenmar Group
\nFounded in 1983, The Kenmar Group is a global alternative investment firm with four distinct business units comprised of its global institutional multi?manager business, US multi?manager funds, single manager funds and its managed account platform. Kenmar\u2019s clients include major global investment banks, asset managers, corporates, government institutions, pension funds, private banks, family offices and a broad high net worth private investor base. Kenmar is headquartered in Rye Brook, NY, with additional offices in Richmond, VA, Singapore and the UK.<\/p>\n","protected":false},"excerpt":{"rendered":"
New York – The Kenmar Group, a Rye Brook-based $1.5 billion global alternative investment firm, has selected GlobeOp Financial Services to provide an extensive range of fund administration, risk and data centre-related services. Kenmar invests in managed accounts and funds […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-21531","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=21531"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21531\/revisions"}],"predecessor-version":[{"id":21560,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21531\/revisions\/21560"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=21531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=21531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=21531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}