Bisys (NYSE:BSG)
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BISYS Alternative Investment Services, a leading global provider of
administrative, accounting and tax services for the hedge fund and
private equity industry, today announced that it has hired Patrick
Prill, executive vice president, responsible for the hedge fund
administration operations in the New Jersey, Cayman Islands and San
Francisco offices. He is based in the Roseland, New Jersey office and
reports to Bill Neville, president of BISYS Alternative Investment
Services.
Mr. Prill has over twenty-three years of experience in the financial
services industry. Prior to joining BISYS, he held senior positions at
Soros Fund Management, Tiger Management, Morgan Stanley, and Deloitte &
Touche. Having served as chief information officer for the hedge fund
and private equity businesses at Soros, the managing director of
Operations and Systems at Tiger Management, and principal at Morgan
Stanley, Mr. Prill is well suited for his new role.
“We are extremely excited to have Patrick on
of our team,” said Mr. Neville. “He
brings a wealth of experience, leadership and knowledge to his new
position. Patrick knows the hedge fund industry well, and I look forward
to leveraging his expertise in the continued growth of our business.”
“I’m pleased to be a
part of BISYS’ hedge fund services division,”
said Mr. Prill. “BISYS has great people and
great clients. The firm has experienced significant growth and has
earned a position as one of the largest firms in the industry by
delivering consistently high standards of service. I look forward to
helping the firm in achieving even higher levels of quality, expanded
services, and continued growth. This is a great industry that is still
in its adolescence - we plan on continuing to be a strong force in its
growth and maturity.
About BISYS Alternative Investment Services
BISYS Alternative Investment Services is a leading global provider of
administrative, accounting, advisory, and tax services for the
alternative investment industry with over $225 billion in assets under
administration. BISYS provides innovative and tailored solutions to
approximately 500 clients and over 1,500 funds, including hedge funds,
private equity funds, fund-of-funds, and other alternative investment
products. BISYS Alternative Investment Services is a division of The
BISYS Group, Inc.
About BISYS
The BISYS Group, Inc. (NYSE: BSG) provides outsourcing solutions that
enable investment firms and insurance companies to more efficiently
serve their customers, grow their businesses, and respond to evolving
regulatory requirements. Its Investment Services group provides
administration and distribution services for mutual funds, hedge funds,
private equity funds, retirement plans, separately managed accounts, and
other investment products. Through its Insurance Services group, BISYS
is the nation’s largest independent wholesale
distributor of life insurance and a leading independent wholesale
distributor of commercial property/casualty insurance, long-term care,
disability, and annuity products. Additional information is available at www.bisys.com.
Except for the historical information contained herein, the matters
discussed in the press release are forward-looking statements within the
meaning of the safe-harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
based on management's current reasonable expectations and are subject to
certain assumptions, risks, uncertainties and changes in circumstances
due to future events as well as changes in economic, competitive,
regulatory and/or technological factors affecting BISYS’
business, including, without limitation, the ongoing government
investigations and litigations involving the company. More detailed
information about risk factors that could cause actual results to differ
materially are noted in BISYS’ periodic
filings with the Securities and Exchange Commission. These documents can
be accessed on BISYS’ website at www.bisys.com
under the “Investor Relations”
tab. Forward-looking statements are only predictions, not
guarantees of performance, and speak only as of the date they are made.
BISYS disclaims any obligation to update or amend these statements in
light of new information, future events or otherwise.
BISYS Alternative Investment Services, a leading global provider
of administrative, accounting and tax services for the hedge fund and
private equity industry, today announced that it has hired Patrick
Prill, executive vice president, responsible for the hedge fund
administration operations in the New Jersey, Cayman Islands and San
Francisco offices. He is based in the Roseland, New Jersey office and
reports to Bill Neville, president of BISYS Alternative Investment
Services.
Mr. Prill has over twenty-three years of experience in the
financial services industry. Prior to joining BISYS, he held senior
positions at Soros Fund Management, Tiger Management, Morgan Stanley,
and Deloitte & Touche. Having served as chief information officer for
the hedge fund and private equity businesses at Soros, the managing
director of Operations and Systems at Tiger Management, and principal
at Morgan Stanley, Mr. Prill is well suited for his new role.
"We are extremely excited to have Patrick on of our team," said
Mr. Neville. "He brings a wealth of experience, leadership and
knowledge to his new position. Patrick knows the hedge fund industry
well, and I look forward to leveraging his expertise in the continued
growth of our business."
"I'm pleased to be a part of BISYS' hedge fund services division,"
said Mr. Prill. "BISYS has great people and great clients. The firm
has experienced significant growth and has earned a position as one of
the largest firms in the industry by delivering consistently high
standards of service. I look forward to helping the firm in achieving
even higher levels of quality, expanded services, and continued
growth. This is a great industry that is still in its adolescence - we
plan on continuing to be a strong force in its growth and maturity.
About BISYS Alternative Investment Services
BISYS Alternative Investment Services is a leading global provider
of administrative, accounting, advisory, and tax services for the
alternative investment industry with over $225 billion in assets under
administration. BISYS provides innovative and tailored solutions to
approximately 500 clients and over 1,500 funds, including hedge funds,
private equity funds, fund-of-funds, and other alternative investment
products. BISYS Alternative Investment Services is a division of The
BISYS Group, Inc.
About BISYS
The BISYS Group, Inc. (NYSE: BSG) provides outsourcing solutions
that enable investment firms and insurance companies to more
efficiently serve their customers, grow their businesses, and respond
to evolving regulatory requirements. Its Investment Services group
provides administration and distribution services for mutual funds,
hedge funds, private equity funds, retirement plans, separately
managed accounts, and other investment products. Through its Insurance
Services group, BISYS is the nation's largest independent wholesale
distributor of life insurance and a leading independent wholesale
distributor of commercial property/casualty insurance, long-term care,
disability, and annuity products. Additional information is available
at www.bisys.com.
Except for the historical information contained herein, the
matters discussed in the press release are forward-looking statements
within the meaning of the safe-harbor provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are based on management's current reasonable expectations
and are subject to certain assumptions, risks, uncertainties and
changes in circumstances due to future events as well as changes in
economic, competitive, regulatory and/or technological factors
affecting BISYS' business, including, without limitation, the ongoing
government investigations and litigations involving the company. More
detailed information about risk factors that could cause actual
results to differ materially are noted in BISYS' periodic filings with
the Securities and Exchange Commission. These documents can be
accessed on BISYS' website at www.bisys.com under the "Investor
Relations" tab. Forward-looking statements are only predictions, not
guarantees of performance, and speak only as of the date they are
made. BISYS disclaims any obligation to update or amend these
statements in light of new information, future events or otherwise.