OREANDA-NEWS. Custom House Fund Services, a leading provider of financial services to the alternative investment sector, has announced the appointment of Richard Hale as Director, Business Development UK. He is based in the newly-established London office and is responsible for developing business in the UK and Europe.

"With over 20 years of experience in the funds industry, we are pleased to have Richard join us as we continue our growth as an independent provider of fund administration services," said Mark Hedderman, CEO, Custom House. "Richard brings a strong commitment to the industry and is a welcome addition to our service-focused management team."

"I look forward to working with the Custom House team to build our niche and market presence in the alternative investment market across hedge funds, family offices, and traditional managers investing in the alternative assets classes," said Hale. "We will seek out partners who are also working in the space and keen on working with best of breed specialist providers."

Hale joins Custom House from Royal Bank of Canada, where he was most recently Head of Business Development for the RBCIS Global Fund Platform. He brings with him a wealth of knowledge across the investment fund industry having spent over 20 years, with various global banks, such as Citibank, HSBC, JPMorgan, and RBC developing business with investment institutions across Europe.

About Custom House Fund Services
Custom House Fund Services is a leading global fund administration provider for hedge funds, CTAs, private equity firms, venture capital firms, family offices and other alternative investment funds. Founded in 1989, Custom House Fund Services grew with the alternative investment industry providing superior fund administration and investor services across Europe and the United States, and today provides one of the most advanced technology offerings available to fund managers. With over $20B in AuA, Custom House provides fund administration services to more than 200 managers, and more than 500 investment funds, over 150 of which require daily-dealing NAVs. The firm has offices in Amsterdam, China, Chicago, Dublin, Guernsey, London, Luxembourg, Malta, New York, Rotterdam, Singapore, Sofia, Sydney and Hong Kong.