Maitland, a global advisory and fund administration firm, has opened a new office in New York to support its growing institutional clients and the demand for on-the-ground experience with global solutions.
New York is the second Maitland office established in 2016, following the opening of a Miami office to serve Latin America customers.
The firm now has six offices in the Cayman Islands, British Virgin Islands, Nova Scotia, and Richmond, Virginia.
The new office will bring a specialized focus on fund administration services for private equity and hedge fund managers, including new fund establishment, the company said.
Maitland North American head of business development and client management Scott Price said: “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.
“Our North American client base will continue to grow as more institutions look for guidance uncovering opportunity amid uncertain and shifting global economies.”
Price will oversee New York office together with a team of specialists, which includes Chris Murphy as North America business development manager and North America Client Relationship Manager Jeff Rhodenizer.
Murphy previously served at Stonegate Fund Administration and SS&C Technologies and Rhodenizer joined Maitland from Citco.
Additionally, Jeannie Dubbels will join the team from Citi Private Bank to oversee regional brand development as marketing manager for North America and LatAm.