FD Fund Administration expands into Minneapolis 26 February 2019Minneapolis Reporter: Maddie Saghir
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FD Fund Administration is opening a new office in Minneapolis, Minnesota.
According to FD Fund Administration, the Minneapolis office supports its overall growth strategy.
The Minneapolis office includes two new leadership team members for FD Fund Administration, and Andy Huss and Jon Haidet both join FD Fund Administration as principals.
Huss and Haidet formed the Minneapolis office by bringing over a core team of middle and back office professionals from Wayzata Investment Partners
Wayzata Investment Partners is a Minneapolis-based, SEC-registered investment adviser to private funds.
Meanwhile, each of the team members joining the FD Fund Administration Minneapolis office has more than 10 years of experience in private equity.
FD Fund Administration’s current existing offices are in Philadelphia, New York and Atlanta.
Pat Halloran, managing partner and founder of Wayzata Investment Partners, commented: “The team joining FD Fund Administration is well-versed in all aspects of fund accounting, operations and compliance, and we are excited to continue leveraging their knowledge and abilities through our relationship with FD Fund Administration.”
“This strategic opportunity allows the team to use the extensive experience gained through their long tenure at Wayzata to service other private equity firms in Minneapolis and beyond.”
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