SOURCE: Prime Management Limited LLC

Prime Management Limited LLC

September 02, 2010 15:17 ET

Prime Management Achieves "Top Rated" Status in Global Custodian's 2010 Hedge Fund Administration Survey

HAMILTON, BERMUDA--(Marketwire - September 2, 2010) -  Prime Management Limited, a leading fund administrator, has again scored highly in the annual Global Custodian Hedge Fund Administration Survey, achieving "Top Rated" status, and an overall score of 6.29 out of 7. This is the second consecutive year that Prime has been recognized by the survey for the quality of its client service and the specialized knowledge of its staff.

Both these elements are evident in the remarks of the firm's clients quoted by the survey such as, "Prime is the best. Their people are super. They are a high-touch fund admin with superior customer service."

Prime's industry leading expertise in servicing risk-linked investment portfolios was also highlighted in the survey. Another client quoted in the survey added, "They are always very quick to respond and offer a solution and their advice. They also have specialized knowledge of our industry (catastrophe securities), which is very valuable."

Joe Kelly, Director of Prime, stated, "We are pleased with the high overall rankings we received in this year's Global Custodian survey and are particularly gratified by our continued recognition as excelling in the category of client service, a reflection of the commitment of all of our staff to provide the highest possible service to our clients."

Prime will be participating in the Alpha Hedge 16th Annual Institutional Investment Conference, September 26th -28th, 2010 in San Francisco, and the Bermuda Financial Services Conference, in New York on September 30th.

About Prime Management Limited
Since 1997, Prime's experienced management team (100 years combined administration experience) has specialized in providing fund accounting and administration services to hedge funds. Prime has built its administration platform on four pillars -- experienced professional staff, robust technology, sound processes and a commitment to quality service delivered with integrity. Prime is an independent administrator, which is licensed and regulated by the Bermuda Monetary Authority under the Investment Funds Act 2006. For information, visit www.primebermuda.com.

Contact Information

  • Contact:
    Fred T. Busk III
    Phone: (203) 987-5062
    Email: Email Contact