$70 billion AUA
has merged with
Financial advisor to The Conifer Group
The Conifer Group to merger with Vastardis Capital Services
February 2014 - The Conifer Group and Vastardis Capital Services have announced a definitive agreement to merge their businesses, forming one of the largest independent alternative asset services firms.
Newly formed Conifer Financial Services will have over $70bn in AUA and offer trade execution services to over 200 clients worldwide.
The Conifer Group is a leading provider of services to the hedge fund industry including global fund accounting and administration, middle- and back-office operations, prime brokerage, and trade execution services.
Vastardis Capital Services is an independent fund administration firm providing full-service, outsourced investment administration, portfolio accounting, performance measurement, investor and tax services to institutions and alternative asset managers.
Freeman & Co. acted as exclusive financial advisor to The Conifer Group.