Krypton Fund Services, an independent fund administrator to alternative investment managers, has expanded its global business platform into the US thereby extending its service offering.
Krypton Fund Services (USA) will start taking on clients immediately providing a new fund administration option to the market.
The new US office will be led by managing director Kelly Wende who will focus on business development and support the cornerstone of Krypton’s model, client experience.
Wende brings years of experience in fund administration and has previously held senior positions with such firms as Apex Group, Equinoxe Alternative Investment Services, and MadisonGrey Fund Services.
According to Wende, with increasing consolidation in the industry, there is a strong interest from investment managers for a provider that can partner with them from the earliest stages of formation.
“Extending Krypton’s service model into the US market enables us the opportunity to be that partner. I am excited to join the stellar Krypton team and look forward to building our brand and bringing these services to managers across the US,” Wende says.
Roderick White, CEO of Krypton Fund Services, comments: “Expansion into the US market is executing on Krypton’s plan to provide a global operating model to managers looking for a high touch service. With the addition of Kelly Wende to the management team, we can now build out an emerging manager programme for the US market to aid emerging managers to the market.”
Last year, Krypton Fund Services was granted a management company license by the Financial Service Commission Mauritius.
