Deutsche Bank’s Alternative Fund Services business received the ‘Best Fund Administrator’ award at the Hedge Funds World Middle East conference as part of its Middle East Awards 2012 Ceremony.
The Hedge Funds World Middle East Awards highlight institutions that have demonstrated an unparalleled ability and continually set standards of excellence in the industry. The Best Fund Administrator category, which recognises administrators and custodians, was judged on diversification of products and services, approach to back office services as well as responsive and professional customer service.
F. Jim Della Sala, Global Head of Trust and Agency Services, Deutsche Bank, said: “We are pleased to have won the Best Fund Administrator award from Hedge Funds World. This accolade demonstrates and endorses the strength of our hedge fund administration offering as well as confirms Deutsche Bank as a leading provider of these services.”
Mike Hughes, Head of Alternative Fund Services in EMEA and Asia, Deutsche Bank added: “Over the last year the Alternative Fund Services team has rebuilt its operating model and implemented new technology, which has been recognised in the market as best in class. This complements the depth of our product capabilities as well as our client-centric service approach.”
Deutsche Bank’s Alternative Fund Services delivers a full range of administrative and banking services to hedge funds, fund of funds and other alternative investment vehicles - including private equity funds, infrastructure funds, property and real estate funds, discretionary and private funds, and insurance-linked funds - from start-up through growth to maturity. Services include fund administration, transfer agency services, trustee services, securities custody, cash management and specialist corporate services in a number of tax-neutral locations.