Kaufman Rossin Fund Services Rated Top Hedge Fund Administrator

Kaufman Rossin Fund Services (KRFS) has been named the top hedge fund administrator in its peer group in a survey of hedge fund clients conducted by Global Custodian magazine.

In what Global Custodian called an astonishing debut: for the firm which provides outsourced back-office operations and fund administration its clients rated it at or near the top in every service category.

“We’re particularly proud of this recognition because it comes from our clients,” said Keith Sharkey co-founder and officer of KRFS. “We started Kaufman Rossin Fund Services to meet the needs of investment firms seeking top-notch quality service and value. It’s very gratifying to know our clients agree.”

This is the thirteenth annual survey of hedge fund administrators by Global Custodian the leading magazine covering the international securities services business. Hedge fund administrators in the survey are rated by a sample group of their clients on 71 questions divided into 12 service areas: client service and relationship management value fund accounting and valuation investor services reporting to investors reporting to fund managers compliance and taxation corporate administration fund structures credit/leverage middle office and technology. KRFS was compared to a peer group of firms with similar size and structure.

In its report Global Custodian said “scores from a sizable client sample fall somewhere between excellent and perfect in all but two service areas where they are merely very good. The magazine noted that KRFS’ parentag from the accounting firm Kaufman Rossin has enabled the firm to add auditing liaison tax and financial statement preparation and reporting services to its offering.

KRFS has offices in Miami, Fort Lauderdale, Boston, and the Cayman Islands.