Maitland Continues Expansion with New Office in New York

Fund Management
14.09.2016 11:30 am

Maitland, the global advisory and fund administration firm with over 1,200 employees worldwide, will continue expansion across North and South America with the opening of a flagship New York office. The office will support Maitland’s growing roster of institutional clients and the demand for on-the-ground experience with global solutions.

Maitland has long-served the North American market and is opening the New York office amid an expanding need for experience navigating multi-jurisdictional legal, tax, fiduciary, investment and fund administration. The office opens with $280 billion assets under administration globally and will bring a specialized focus on fund administration services for private equity and hedge fund managers, including new fund establishment.

Maitland has grown into 16 offices located in 12 countries this year, which coincides with the observance of the company’s 40-year anniversary. New York will be the second Maitland office established in 2016, following the creation in May of a Miami office to serve a growing Latin America client base. The company now has six offices in regions across the Americas, including the Cayman Islands, British Virgin Islands, Nova Scotia, and Richmond, Virginia.

“Our New York office is new, but our employee-owned firm of accountants, lawyers and technology specialists come out of the starting gate backed by a 40 year track record of niche advisory experience,” said Scott Price, Maitland’s North American Head of Business Development and Client Management.

Maitland’s expansion into a global network of regional specialists has created unparalleled speed-to-market opportunities for U.S. managers to structure investments across international jurisdictions. “Our North American client base will continue to grow as more institutions look for guidance uncovering opportunity amid uncertain and shifting global economies,” Price said. “Maitland’s four-decades of growth has been rooted in our reputation for expert delivery of bespoke, cross-border solutions that simplify even the most complex needs.”

Price will oversee the midtown New York office along with his team of specialists including Chris Murphy as North America Business Development Manager, formerly of Stonegate Fund Administration and SS&C Technologies. North America Client Relationship Manager Jeff Rhodenizer, a 4-year Maitland employee and formerly of Citco, will be responsible for the day-to-day management of Maitland’s growing client base. Jeannie Dubbels will join the team from Citi Private Bank to oversee regional brand development as Marketing Manager for North America and LatAm.

David Kubilus, Head of Business Development at Maitland added: “Our North and South American businesses have grown tremendously and our office openings are a testament to the value we place on working alongside clients where they are located.”