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Ospraie
Management’s
middle and back office services team, Ospraie Services
Group, has set up an independent business,
HFMWeek reports. The new business is focused on
providing middle and back office services to Ospraie and other
alternative investment managers.
The
new entity, ParkRiver Fund Solutions, aims to
provide third party validation at various hedge funds.
ParkRiver will offer services, including financial reporting,
fund accounting, investor relations, marketing support and
legal and regulatory services.
Click
here for the story from HFMWeek.