Opus Acquires US Fund Administration Unit

Opus Fund Services, an award winning and leading independent Bermuda fund administrator, this week announced the acquisition of the hedge fund administration unit of Agile Hedge Solutions, based in San Francisco.

Opus, based in Somerset and with offices in Chicago and San Francisco, expects the transaction will immediately strengthen its West Coast presence.

Robin Bedford, CEO of Opus Fund Services, said: “This acquisition is the result of many months of hard work by both parties. We are excited to have the opportunity to work with the Agile client base as they become part of the award winning Opus platform.”

Opus Fund Services was established in 2006 and is a leading independent and privately owned full service fund administration company providing automated, integrated middle and back office administration services to hedge funds and asset management firms.

In 2011 and 2010 Opus was the “Top Ranked” fund administrator by Global Custodian. In 2011 Opus was named “Best Administrator for Small and Start-up Firms” and in 2010 “Best Overall Administrator with AUA under $30bn” at the annual HFMWeek US Awards.

In 2009 Opus was identified as the fastest growing fund administrator by Hedgefund.net.

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