Crescent Hill opts for Wells Fargo 23 November 2012New York Reporter: Jenna Jones
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Crescent Hill Capital Management has selected Wells Fargo Global Fund Services to provide daily fund administration and an outsourced middle and back office operations solution for its Crescent Hill Asia Opportunities Fund.
Charles Stone, chief investment officer and portfolio manager at Crescent Hill, said: “Wells Fargo Global Fund Services is well-equipped to meet our needs given that its global footprint includes a dedicated Asia presence. In addition, the team demonstrates a strong understanding of our strategy and administrative requirements which provides us confidence that they will be able to handle our future operational requirements.”
Celia Choh, head of fund services Asia at Wells Fargo Global Fund Services, said: “We are pleased to have been selected by Crescent Capital and look forward to a successful relationship with the firm.”
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