The Maples Group Recognised in US Hedge Fund Services Awards
Demonstrating continued excellence in its collective fields of expertise, the Maples group recently claimed two awards at the 2014 HFMWeek US Hedge Fund Services Awards. Maples Fund Services was named "Best Administrator – under $30bn client service", having previously won "Best Administrator – Innovation" in 2013. Affiliated international law firm, Maples and Calder, was also honoured as "Best Offshore Law Firm" for the fourth year in a row.
The Maples group, comprised of legal services offered by Maples and Calder and specialised fiduciary, accounting, regulatory compliance and administration services from MaplesFS, through its operating divisions Maples Fund Services and Maples Fiduciary, offers a synergistic approach to the North American region. With offices in the British Virgin Islands, the Cayman Islands, Delaware, New York, Montreal and the most recent opening of Maples Fund Services in Boston, the Maples group continues to solidify its brand and offering in the US market.
Commenting on the award, Chief Executive Officer at MaplesFS, Scott Somerville said, "This award highlights our investment in the region and our commitment to providing our clients with exceptional service. We look forward to seeing continued growth and expansion in the region as the service provider of choice."
Maples Fund Services' strong performance has been consistently recognised by the industry. The firm has been named an Institutional Investor "Tech 50 Firm" three years in a row. Additionally, over the past year, it was awarded "Best European Fund Administrator - under $30 billion single manager" by HFMWeek, "Best Hedge Fund Administrator – Excellence in Technology and Regulatory Solutions" by the Hedge Fund Journal, and "Best Fund Administrator – Private Equity and Best Fund Administrator – Hedge Funds" by MENA Fund Manager.
In addition to consecutive wins as "Best Offshore Law Firm" at the US Hedge Fund Services Awards, Maples and Calder has previously received the same accolade in the HFM European Hedge Fund Services Awards. Among a number of other recognitions from the industry, the firm was similarly named "The Leading Offshore Law Firm" by the Hedge Fund Journal and "Private Funds Law Firm of the Year" by Who's Who Legal in 2014.
"We are delighted to be recognised by a publication so highly respected in our industry," said Global Managing Partner at Maples and Calder, Henry Smith. "As market leaders in offshore legal services, this award for the fourth year in a row is further testament to the quality of the work at Maples and Calder, and of the Maples group as a whole."
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