VBK+CO grows its footprint by expanding its Fund Administration practice with New York based, PKF O’Connor Davies, LLP
Geneva March 1, 2016 – VBK+CO, a fast growing third party fund administration company, announced today that it has formed a joint venture with O’Connor Davies Administration, LLC, a subsidiary of PKF O’Connor Davies, LLP headquartered in New York, United States of America. The move adds significant experience in the family offices, endowments and private foundations sector to the VBK+CO team, which already provides a robust fund administration and compliance offering. PKF O’Connor Davies’ knowledge and expertise will increase VBK+CO’s footprint and solidify the firm as an important player in the investment fund industry.
Luc Vuurmans, Managing Director of VBK+CO said “We are very excited about our new opportunities with PKF O’Connor Davies, we now offer on a truly global scale, unequaled experience and professionals in alternative assets, administration, compliance, accounting and financial statement assembly.”
“Together we are in a unique position to serve the complex accounting, administration, tax and compliance needs of institutional investors including family offices and private foundations seeking customized solutions” said Director of International Business Development of VBK+CO.
With a network of offices and partners across the world, VBK+CO is uniquely positioned to address institutional investors and managers’ needs quickly and effectively. The firm provides expertise in alternative assets and full fund administration capabilities to financial institutions, investment managers, hedge funds, fund of funds and family offices.
“We believe that the alliance with VBK+CO brings together two partners that understand the constant changes in the industry and its complicated and evolving regulatory framework,” says Marc L. Rinaldi, CPA, CEO of O’Connor Davies Administration and Partner-in-Charge of O’Connor Davies Financial Services. “Both of us are completely aligned in our view that our clients are our greatest partners. We understand that each client wants tailored solutions instead of a one-solution-fits-all approach.”
VBK+CO has offices in Amsterdam, Geneva, Sofia, Mumbai and Curaçao and strategic partners in the US and South East Asia. VBK+CO is rendering trust, accounting, compliance, corporate governance and fund administration services to financial institutions, investment management companies, hedge funds, family offices and institutional investors. VBK+CO is regulated by the Dutch Central Bank in the Netherlands and by the Financial Services Commission in the British Virgin Islands.
VBK+CO has obtained the International Standard on Assurance Engagements (ISAE) 3402 Type II Certification. ISAE 3402 is a global assurance standard for reporting on controls at a service organization. The report covers an examination of the description of the system, the design of the controls and the operating effectiveness of controls over a period of time relating to fund accounting, investor relations services and the related IT controls.
About PKF O’Connor Davies, LLP
PKF O’Connor Davies, LLP is a full service Certified Public Accounting and advisory firm with a long history of serving clients both within the US and internationally. With roots tracing to 1891, ten offices in New York, New Jersey, Connecticut and Maryland, and more than 600 professionals, led by 100 partners, the Firm provides a complete range of accounting, auditing, tax and management advisory services.
PKF O’Connor Davies is the lead North American representative of the international association of PKF member firms. PKF International is a network of legally independent member firms providing accounting and business advisory services in 440 locations in 150 countries around the world. With its tradition, experience and focus on the future, PKF O’Connor Davies is ready to help clients meet today’s ever-changing economic conditions and manage the growing complexities of the regulatory environment.
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