Custom House Fund Services Announces the Acquisition of Clients of Dundee Leeds

NEW YORK, NY and CHICAGO, IL--(Marketwired - Jul 20, 2015) - Custom House Fund Services, a leading provider of financial services to the alternative investment sector, is delighted to announce that they have acquired the majority of the U.S. clients of the former Dundee Leeds Management Services. The transition became effective June 1 and represents $1bn in assets.

Custom House is one of the world's largest and most respected independent fund services providers with AUA in excess of $20bn, eight offices worldwide and over 220 employees. Along with expansion in Asian markets and enhancements to its proprietary Gateway technology platform, this deal builds upon the strong momentum of Custom House since its separation from TMF Group earlier this year.

"We know that our former clients will be well served by Custom House, which has long been recognized for their service-focused administration services," said Jean Francois Thibault, Chief Administration Officer, Dundee Corporation.

"It has been gratifying that the management of Dundee Leeds and their clients recognize our commitment to the industry and strong management team," said Mark Hedderman, CEO, Custom House. "The choice of Custom House by these new clients to handle their fund administration business is a clear reflection of our independence and history of successful client partnerships that are in the best interests of all parties."

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, Luxembourg, Malta, New York, Rotterdam, Singapore, Sofia, Sydney and Hong Kong. For more information, visit www.customhousegroup.com.