Providing a host of services to the hedge fund industry, The Conifer Group has added several new personnel to its management team in its New York office.
Coming on board as Conifer’s vice president and team leader is Drew Burggraf. Also joining is Jarod Riley who will fill the role of vice president. Kyle Vedder will take over the responsibility of client services representative for the company’s middle-and back-office (MBO) services business. The new shareholder services professional role will be served by Pamela Fong on the fund administration team in New York.
Conifer provides fund administration, middle office, trading and prime brokerage services to the hedge fund industry.
“The rapid expansion of our firm comes at an unprecedented time for the hedge fund industry, which has seen its fourth consecutive quarter of growth. In Q2, it reached USD2.4 trillion in investments and witnessed the total number of firms top 10,000 for the first time since 2006,” commented Jack McDonald, CEO and president of The Conifer Group. “As positive capital inflows continue to fuel hedge funds of all sizes, we look forward to bringing our proven business expertise and sophisticated technological solutions to a greater share of the space.”