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Generic business image for news article Image: From left to right: Shalin Madan, Chris Meader, Harsha Patwardhan/Sudrania Fund Services

29 January 2021
US
Reporter Maddie Saghir

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Sudrania Fund Services strengthens team with three senior hires

Sudrania Fund Services, a cloud-computing enabled fund administrator, has enhanced its team with the appointment of three alternative investment industry veterans.

Based in Boston, Massachusetts, Chris Meader has joined Sudrania Fund Services as senior vice president.

He joins from the North American Fund Administration Association where he worked as director of operations and business development for three years.

Prior to this, Meader was an alternative investment solutions director at State Street for two and a half years.

During his career, Meader has also held senior positions at SS&C, J.P. Morgan, Caledonian Fund Services, and BISYS Fund Services.

Meader has more than 20 years of experience in fund administration and has worked in Bermuda, the Cayman Islands and the US.

His experience spans accounting, investor services and risk/compliance operations as well as senior product and strategy roles.

Commenting on his new appointment, he says: “It is gratifying and exciting to be able to leverage my experience to contribute to an organisation that is elevating the fund administration experience and doing it in compliance with industry standards.”

Harsha Patwardhan has also joined Sudrania as senior vice president. He brings with him over 20 years of experience in portfolio management, sales and trading and investment banking.

Most recently, Patwardhan traded a quantitative hedge fund and has experience in trading a broad range of financial instruments including equities, bonds, futures and options. Patwardhan has worked in leading financial institutions such as J.P. Morgan and KPMG.

Meanwhile, Shalin Madan, founder of Bodhi Tree Asset Management, has been appointed as Sudrania’ strategic advisor.

Madan brings with him more than 20 years of experience in the financial services industry having worked as a multi-asset allocator for prominent institutional asset managers, which led him to launch his own quantitatively-driven hedge fund.

Meader, Patwardhan, and Madan will all contribute their industry experience to help support Sudrania’s geographic expansion and new service offerings for fund managers.

Nilesh Sudrania, founder and CEO of Sudrania Fund Services, says: “Chris Meader, Harsha Patwardhan, and Shalin Madan are a natural fit for our entrepreneurial company, as they all saw needs in the market and developed organisations to serve those needs.”

Sudrania adds: “The company is thrilled to have their perspectives and insights as we navigate our next level of growth.”

Sudrania recently strengthened its market position by acquiring the primary assets of Triple Leo Consulting, a fund administrator that specialised in crypto and digital assets fund administration.

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