Stonegate Global Announces Its Outsourced COO, CFO & CCO Services – Stonegate C-Suite

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Stonegate Global Fund Services has announced the rollout of the firm’s new comprehensive solution, Stonegate C-Suite services. Stonegate C-Suite services group provides a comprehensive outsourced business solution for alternative investment managers. The Stonegate C-Suite services provides an institutional quality infrastructure which is customized to meet the needs of alternative fund managers, including hedge funds, venture capital funds, private equity funds and other alternative investment funds.

Stonegate C-Suite provides daily use of resources for financial and operational functions, due diligence requests, investor subscriptions, AML compliance, regulatory compliance, FATCA compliance, management company financial operations, reconciliations, cash management, shadow accounting, audit management and other financial and operational requirements. The solutions group helps managers optimize their fund by providing back office infrastructure to support emerging manager’s growth and maximize their full potential.

The C-Suite outsourced services are designed to support investment managers, by allowing Stonegate to examine all aspects of manager’s operations, enabling them to quickly and efficiently leverage their expertise and guidance in order to add value to managers’ practices. The Stonegate C-Suite solutions group is part of Stonegate’s committed initiative to provide the highest level of expertise, institutional infrastructure and client service to alternative investment managers. The rollout of Stonegate C-Suite services further demonstrates the firm’s ability to identify and build upon unique, industry-leading resources for the benefit of all of its alternative investment managers.

“We are very excited to make the industry-leading, innovative Stonegate C-Suite services group available to all of Stonegate’s investment managers. By giving our managers a sophisticated level of transparency into their own businesses and linking each of them directly to resources that can most effectively help them capitalize on the opportunities available to them, Stonegate Global puts the power behind each of our managers. In addition, we expect the Stonegate C-Suite services will enable a higher level of engagement between our managers and the professionals who are positioned to help them achieve their long-term strategic goals”, said John McCorvey, CEO of Stonegate Global.

 

Stonegate Global Fund Services – C-Suite – Overview

 

Stonegate Global Taps Former Morgan Stanley & Equinoxe Exec as its new Head of Operations

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Stonegate Global has recruited David Esmie, a former senior executive at Morgan Stanley Fund Administration and Equinoxe Fund Services. Esmie, who steps in as Head of Operations in the company’s Atlanta headquarters, will oversee the firm’s fund administration services business.

Atlanta-based Stonegate Global provides domestic and offshore fund formation and fund administration services to investment management professionals, family offices, and other large institutional clients.

“David has a wealth of experience in the alternatives industry. He maintains a deep understanding of complex investment fund accounting, operational requirements and processes,” said William Chong, a Managing Director at Stonegate Global. “David will be a key member of our team and we are excited that he’s joined Stonegate.”

“I am very excited to join the Stonegate organization,” said Esmie. “The firm is truly one of the most innovative companies in the alternative investments industry. I look forward to leveraging my experience to help the firm continue its strong growth.”

John McCorvey III, Chief Executive Officer at Stonegate, said, “David’s unique skill set is a welcomed addition to the organization. He possesses a strong awareness that client service is at the core of all our efforts. Our operational team engages with our clients on a daily basis, so it is critical that our team members not only have significant expertise in complex fund issues, but that they also possess the ability to interact professionally with sophisticated clients.”

Stonegate Global Hires David Esmie – Press Release

 

The Stonegate Global Team at SALT Conference 2015

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The Stonegate Global team enjoyed a week of hard work and play while attending the Skybridge Alternatives (SALT) Conference. SALT 2015 was held at the Bellagio Resort and Casino in Las Vegas, Nevada, May 5-8. In it’s 7th year, the semi-annual SALT conference congregates over 1,800 of the world’s most prominent and diverse minds. The forum brings together industry leaders in investment management, business, economics and public policy for four days of industry thought forums, facilitated debate and discussion, as well as unparalleled industry-focused networking.

The SALT Conference is a program focused on alternative thinking, with a vast magnitude of global leaders convening to discuss volatile financial markets, upcoming investment opportunities, monetary policies, geopolitical pressures, innovation, science and technology, among many other topics. Speakers include Sir Richard Branson, Michael J. Fox, General Keith B. Alexander, Mohamed El-Erian, and Condoleezza Rice, among many others. Platinum sponsors for the conference include BNP, State Street and Morgan Stanley. To learn more about the host, SkyBridge Capital, and the SALT Conference, please visit their website: (http://www.skybridgecapital.com/salt-conference/).

 

SALT Conference 2015

SALT Conference 2015

Stonegate Global Attends China-U.S. Business Summit’s Entertainment Forum

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Members of the Stonegate Global team attended the 6th Annual China-U.S. Business Summit’s Entertainment Forum: “Show Me The Money”. The forum was hosted by Entertainment Finance, LLC at The Millennium Biltmore Hotel in Downtown Los Angeles, CA on April 27, 2015. Kim Holland, President of Entertainment Finance, LLC was the Forum’s moderator, along with a diverse group of panelists including Matthew Helderman, Jake Seal, Andrew Sugerman, Hal “Corky” Kessler, Tamara Bell and Joseph Ghera, CEO of Entertainment Finance, LLC.

China-U.S. Business Summit's Entertainment Forum(From Left: Kim Holland-Entertainment Finance, John McCorvey-Stonegate, Allison McCorvey-Stonegate, Peiqi Liu-Actor/Director, William Chong-Stonegate)

 

Stonegate Global To Attend SALT Conference in Las Vegas, May 5-8, 2015

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         Stonegate Global will be in attendance at the upcoming SkyBridge Alternatives (SALT) Conference in Las Vegas, Nevada. The global alternative investment forum will take place on May 5-8, 2015 at the Bellagio Resort and Casino in Las Vegas, Nevada. In its 7th year, the semi-annual SALT conference congregates over 1,800 of the world’s most prominent and diverse minds. The forum brings together industry leaders in investment management, business, economics and public policy for four days of industry thought forums, facilitated debate and discussion, as well as unparalleled industry-focused networking.

The SALT Conference is a program focused on alternative thinking, with a vast magnitude of global leaders convening to discuss volatile financial markets, upcoming investment opportunities, monetary policies, geopolitical pressures, innovation, science and technology, among many other topics. Speakers include Sir Richard Branson, Michael J. Fox, General Keith B. Alexander, Mohamed El-Erian, and Condoleezza Rice, among many others. Platinum sponsors for the conference include BNP, State Street and Morgan Stanley.

The Stonegate Global team welcomes the opportunity to meet with industry peers while at the conference. If you are interested in connecting to learn more about Stonegate’s Alternative Fund Services, please contact Jessica Keene (JKeene@StonegateGlobal.com) to set up an in person meeting. We look forward to seeing you there!

ABOUT SKYBRIDGE CAPITAL AND SALT 2015
The SkyBridge Alternatives (SALT) Conference is an invitation-only event in its 7th year, providing an unparalleled opportunity for delegates to connect with industry peers and prominent global leaders from over 42 countries. SkyBridge Capital, a global investment firm based in New York, with approximately $12.5B AUM, hosts the world-renowned SALT Conference. To learn more about SkyBridge Capital and the SALT Conference, please visit their website: (http://www.skybridgecapital.com/salt-conference/).

 

Stonegate Global To Attend SALT Conference – PDF

 

Stonegate Global Selected For Editorial Publication by HFMWeek

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        Stonegate Global recently partnered with HFMWeek to write an editorial for its Special Report series, How To Start A Hedge Fund in the US 2015, which was published in February 2015. HFMWeek is a UK-based, leading publication that delivers daily news and weekly magazines to the Hedge Fund industry. HFMWeek services managers, investors and members of the global Hedge Fund community by providing detailed coverage of news and developments all over the globe.

“In the latest HFM report we speak to leading industry figures including service providers, fund administrators and technology experts. These specialists discuss the various steps involved in launching a fund and the most suitable fund structures available. We also analyze the evolving challenges facing start-up funds in 2015, from raising capital to cyber security requirements and regulatory and compliance. Finally, this report seeks to look ahead and educate emerging managers on the steps to take to give oneself the best chance to survive and prosper in this complex and fast-paced marketplace.” Says Drew Nicol, report editor of HFMWeek.

In the special report written by Stonegate, “The Competitive HedgeSM in Creating A Successful Hedge Fund”, John McCorvey III, William Chong and Michael Blackburn of Stonegate Global, discuss the most successful approach to fund formation and global marketing to sophisticated institutional investors. The Stonegate team discusses the tasks involved with fund formation and operational management, the intricacies of portfolio management, as well as commenting on the current capital flow trends and new requirements for institutional investors. The team also examines the most recent industry regulatory changes, such as the JOBS Act and new CAQ-AI-CPA guidelines, and further analyzes the complexities of attracting institutional capital and operational management in the ever-evolving hedge fund landscape.

To read the full editorial written by the Stonegate Global team, “The Competitive HedgeSM in Creating A Successful Hedge Fund”, click here:  Stonegate Global and HFMWeek Special Report

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Stonegate Global Wins Second Award by Acquisition International for “Most Cost Effective Fund Administrator – Global”

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Stonegate winner's logo copy
Stonegate Global has been awarded the “Most Cost Effective Fund Administrator – Global” by Acquisition International Hedge Fund Awards 2015, sponsored by BarclayHedge. This is the second international hedge fund award that Stonegate Global has been awarded in 2015 by Acquisition International. Stonegate Global Fund Administration has been selected from among more than 66,000 financial industry professionals across the globe.

“We are delighted that Stonegate Global has been named the “Most Cost Effective Administrator – Global,” stated William Chong, Head of Alternative Fund Services for Stonegate Global. “We pride ourselves in providing institutional quality fund administration, on a global basis, and in a cost-effective manner. This prestigious award recognizes Stonegate Global as a significant player in the investment industry.”

The International Hedge Fund Awards are designed to recognize business excellence, integrity, and leadership in the alternative funds market industry while simultaneously lauding key contributors for their ability to stand out from their competitors. It is only after the required due diligence by the Acquisition International’s team and judges and an arduous vetting process that winners of this esteemed award can be selected.

“This award is a reflection of our commitment to offering our clients the highest quality value-added services in a cost effective manner. Through our innovative solutions, we have received recognition as a world-renowned leader in providing global fund administration services to our clients. We are honored that Stonegate Global has been selected for this prestigious award,” said John McCorvey III, CEO of Stonegate Global.

The “Most Cost Effective Fund Administrator – Global” is the second of two international hedge fund awards that Stonegate Global has received this year. Acquisition International also awarded the “Global Innovation Award for Fund Formation” to Stonegate Global Fund Services.

ABOUT THE INTERNATIONAL HEDGE FUND AWARDS

Currently in their third year, The International Hedge Fund Awards, sponsored by BarclayHedge, celebrate excellence and achievement within the investment and financial services industry. These awards honor the industry’s leading influencers by lauding achievements performed over a twelve-month period. The awards are based on merit and nominations, as well as a meticulous voting process conducted by Acquisition International’s in-house research team.

ABOUT STONEGATE GLOBAL FUND ADMINISTRATION

Stonegate Global Fund Administration provides a wide spectrum of fund administration services to global hedge funds and other alternative investment funds.  Stonegate provides full domestic and offshore fund administration services, including fund formation, fund administration, prime services and capital introduction. Stonegate specializes in hedge funds, venture capital funds, private equity funds, oil and gas funds, fund of funds, insurance dedicated funds (IDFs), real estate funds, private REIT funds and ABL funds.

Stonegate has offices in New York, San Francisco, Atlanta and Dallas. The firm’s industry-leading Hedge Fund In A BoxSM solution is a comprehensive service including fund formation, offering documents, regulatory compliance, fund administration, office space, marketing and media packages, as well as prime brokerage and audit services through the firm’s strategic partners. Stonegate works with family offices, traders, and other institutional clients who are looking to start a hedge fund or other alternative investment fund product. The firm also works with existing alternative investment funds and fund managers to provide fund administration and other institutional services.

 

Stonegate Global Award Supplement 

 
 

Stonegate Global Awarded “Global Innovation Award for Fund Formation” by Acquisition International

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Stonegate winner's logo copy

            Stonegate Global has been awarded the “Global Innovation Award for Fund Formation” by Acquisition International Hedge Fund Awards 2015, sponsored by BarclayHedge. Stonegate Global has been selected from among more than 66,000 financial industry professionals across the globe.

John McCorvey III, CEO of Stonegate Global stated, “We are honoured that Stonegate Global has been recognized for its innovative work in global hedge fund formation.  Our unique, comprehensive approach to fund formation, fund administration, global prime services and cap intro positions us a significant player in the alternative investments industry.”

The International Hedge Fund Awards are designed to highlight key industry influencers, best practices, and innovation throughout the investment industry. The awards aim to celebrate the firms that have demonstrated integrity, leadership and business excellence in today’s growing market. Winners are selected based on a rigorous vetting process that involves months of voting, research and due diligence performed by Acquisition International’s research team and judging panel.

“The Acquisition International awards are a testament to our consistent commitment to client excellence and innovation,” said Michael Blackburn, Associate Counsel at Stonegate Global. “This prestigious award is a direct reflection of our high level expertise and service to our clients, as well as our team’s growth and success over the past number of years.”

The “Global Innovation Award for Fund Formation” is one of two international hedge fund awards that Stonegate Global has received. Stonegate Global Fund Administration has also been named the “Most Cost Effective Fund Administrator – Global” by Acquisition International.

 
ABOUT THE INTERNATIONAL HEDGE FUND AWARDS

Currently in their third year, The International Hedge Fund Awards, sponsored by BarclayHedge, celebrate excellence and achievement within the investment and financial services industry. These awards honor the industry’s leading influencers by lauding achievements performed over a twelve-month period. The awards are based on merit and nominations, as well as a meticulous voting process conducted by Acquisition International’s in-house research team.

 

 Hedge Fund Award Supplement PDF 

 
 

Stonegate Global Expands Its East Coast Team in New York

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Untitled  NEW YORK: Stonegate Global Fund Services has tapped attorneys Hays Ellisen and Michael Blackburn to lead its business expansion efforts in hedge fund formation and fund administration in New York and the broader Northeast region.

“Stonegate’s rapid growth is evidence that fund managers prefer to have fund formation, regulatory and compliance, fund administration, and prime brokerage services delivered through one organization, with a reasonable cost structure, rapid turn-around time, and excellent customer service,” stated Ellisen. “I am excited to join the Stonegate team as we expand our New York presence and continue delivering value-added, comprehensive solutions to our clients.”

Mr. Ellisen will serve as Senior Fund Counsel supporting Stonegate’s growing client base in the Northeast. Mr. Ellisen will focus on the formation and administration of complex hedge funds, venture capital and private equity funds in New York and throughout the East Coast region. Mr. Ellisen has extensive industry experience having served as underwriter and issuer counsel at Sidley Austin LLP, Katten Muchin Rosenman LLP, the former McKee Nelson law firm, as well as his current role as managing partner of Shahmoon & Ellisen LLP. He holds his J.D. from the University of Michigan Law School, as well as a B.A. from the University of Minnesota.

Michael Blackburn, Associate Counsel of Stonegate Global stated, “I am thrilled to join a reputable organization like Stonegate that offers extensive industry knowledge in the emerging hedge fund manager space. I am confident that given my legal, marketing and financial background, I can vastly expand Stonegate Global on the East Coast. I plan to position and grow our innovative Hedge Fund in A BoxSM service as the solution for all hedge fund managers who are looking to establish a new fund. I am extremely fortunate to be working with some of the brightest minds in the alternative investment fund space, and could not be happier to grow with a company that is unique in the services we provide.”

Mr. Blackburn will also be assisting clients with domestic and offshore fund structuring, as well as regulatory and compliance matters. Mr. Blackburn has industry experience in wealth management; trust formation and estate planning for high net worth and ultra-high net worth clients. Michael also brings experience from both Merrill Lynch and Empire Wealth Strategies. Leveraging his multi-tiered background in legal and finance, Michael brings a fresh perspective to an industry that is becoming increasingly more complex and diverse. Mr. Blackburn holds his B.S. in English from Lafayette College, as well as his J.D. from Touro College.

John McCorvey III, CEO of Stonegate Global stated, “We are very fortunate to have Hays and Michael as a part of the Stonegate team. They both bring with them significant expertise in fund formation, regulatory and compliance, prime brokerage, wealth management, and trust formation. They will provide an additional layer of support and expertise for our clients as we work on complex client fund structures in various asset classes.”

 

 Stonegate Global Expands its East Coast Team in New York – PDF