Ais Fund Administration Hires Dominic Newland Expands European Sales Force

17 November 2008

AIS Fund Administration, a leading global hedge fund administrator and provider of outsourced middle and back office functions, announced today it has hired Dominic Newland as vice president, sales. Mr. Newland joins the AIS sales team in Europe, headed by Scott Syracuse, in its London office.

Paul Chain, AIS President said, “Dominic is an excellent addition to the AIS team. He brings an understanding of the alternative investment community, sales expertise and a reputation for integrity.”

Mr. Newland was previously partner and sales director, Matrix-IMS, LLP. Prior to that, he was senior sales manager at Beauchamp Financial Technology. He earned his MBA at London Business School and his MA from Edinburgh University.

AIS is expanding its sales and customer service force due to growth and client demand. Mr. Chain said, “Given the recent turmoil in the financial markets, we expect to see a move toward more regulation and transparency. The market is moving in a direction where AIS already lives; daily reconciliation, daily NAV and full daily financial, P&L and operational reporting. We continue to experience strong demand for our services and Dominic’s experience will be well-received by our current and prospective hedge fund clients.”

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