O’Brien-Staley Partners has selected Wells Fargo Global Fund Services to provide daily fund administration and a comprehensive outsourced middle and back office operations solution.
O’Brien-Staley Partners has selected Wells Fargo Global Fund Services to provide daily fund administration and a comprehensive outsourced middle and back office operations solution.
“Wells Fargo Global Fund Services is well known for its expertise in administering investment strategies,” says Adam Bernier, chief operating officer of O’Brien-Staley Partners. “In addition, their outsourced operations team is able to support the full range of services throughout the trade lifecycle, helping us scale the business in a controlled manner. We have developed a strong relationship with Wells Fargo over the last three years and this further enhances our partnership.”
"O’Brien-Staley Partners’ decision to award us this new mandate demonstrates Wells Fargo’s strength in the marketplace as the firm of choice for leading alternative investment managers," says Stuart Feffer, senior vice president and co-head of Wells Fargo Global Fund Services.
Wells Fargo Global Fund Services provides comprehensive administration, middle-office, operations and cash/collateral management services to alternative investment managers. Wells Fargo administers more than $250 billion in alternative assets, covering a wide range of strategies traded by global portfolio managers including fixed income, credit, distressed, structured credit, macro, equity, commodities, CDO, CLO, private equity, private debt, real estate and hybrid structures. Global Fund Services’ work processes follow the sun through its global network of offices in Dublin, Hong Kong, London, New York, Minneapolis and Singapore.