NEW YORK--(BUSINESS WIRE)--Meridian Fund Services Group is pleased to announce the appointment of Fergus Healy as the Group’s new CEO effective August 15, 2013. Mr. Healy was most recently at JP Morgan Chase in New York as an Executive Director of Alternative Markets Group. Mr. Healy has enjoyed a distinguished career in the hedge fund and private equity industries, which he commenced in 1996 at the Global Fund Services Division of the Bank of Bermuda (now HSBC) as a legal counsel. Mr. Healy later moved into a business development role at the Bank, first in Bermuda and then in New York. Mr. Healy eventually moved back to his native Ireland and joined the senior management team of Citi Europe’s Securities and Fund Services Division where he headed the alternative fund services group.
As CEO of Meridian Fund Services Group, Mr. Healy will direct all facets of the Group’s growth, including building out the Group’s middle and back offices services platform, implementing state of the art technology to service the Group’s clients, meeting Best Practices expected of fund administrators in today’s environment and, when appropriate, establishing offices in other parts of the world. Mr. Healy will work out of the Group’s New York office. When asked about his new role, Mr. Healy stated, “I am excited and honored to be leading such a talented group of professionals into the next stage of Meridian’s development and growth.”
Tom Davis, who has served as the Group’s Chairman of the Board and CEO since 2000, will maintain his role as Chairman and will continue to serve on the boards of the Group’s subsidiary companies as well as on the boards of many of the Group’s clients. Commenting on the appointment of Mr. Healy as the Group’s new CEO, Mr. Davis announced, “While I will continue a very active role at Meridian, I am delighted that Fergus will be succeeding me as the Chief Executive Officer. Fergus has unique experiences that will enable him to effectively lead us in our next evolutionary phase - he has lived and worked in various parts of the world, which will assist with Meridian’s plans to expand geographically. Moreover, he has a deep understanding and appreciation of the needs of institutional investors, which will further strengthen our ability to provide institutional quality services.”
About Meridian
Meridian Fund Services is an award-winning, independently owned and operated, full-service fund administrator servicing an array of clients, including, but not limited to, those in the alternative investment community managing hedge funds, fund of funds, family offices, private equity funds, and separately managed accounts.
Meridian’s services include middle and back office services such as portfolio accounting, trade reconciliation, and net asset value calculation, as well as investor servicing, financial statement preparation, corporate secretarial and compliance services, fund governance services, directorships, and registered office services. Meridian services funds across all strategies and structures with an experienced and dedicated team.
Meridian has offices in New York (Manhattan), Massachusetts (Cambridge), Bermuda (Hamilton), Canada (Halifax), and the Cayman Islands. We service funds domiciled in a variety of jurisdictions, including the United States, Bermuda, the Cayman Islands, and the British Virgin Islands.
Meridian was recently named both Best North American Administrator (2012) and Best Offshore Administrator (2013) by Hedgeweek. Meridian was also ranked in the top three administrators in Hedge Funds Review's Service Provider Rankings 2012.
For more information, visit our website at www.meridianfundservices.com.
