InvestorGrade Merges with Fund Resources to Expand Consulting Services
 
New York, Wednesday, March 29, 2011 - InvestorGrade, a provider of consulting services to hedge funds, prime brokers, and fund administrators, and Fund Resources, a provider of operational support and staffing services to financial institutions, today announced a merger of the two organizations. InvestorGrade will now offer comprehensive middle- and back-office support services to customers as well as longer-term project staffing. Kevin Swayne, founder of Fund Resources will serve as the Chief Executive Officer of InvestorGrade.
 
"InvestorGrade's in depth knowledge of financial technology infrastructure and system implementation combined with our operational and accounting expertise is a strong value proposition for hedge funds and financial services firms," said Kevin Swayne, InvestorGrade CEO. "Our ability to provide experienced personnel to support and manage the operational and IT requirements of investment firms is cost effective and addresses a clear need in the industry".
 
"We see a growing demand for enhanced middle- and back-office support within the hedge fund industry, and Fund Resources brings the operational staff and expertise to deliver this level of service to our client base," said Eric Chang, Principal at InvestorGrade. "We are also excited with Kevin's new role within InvestorGrade and his tremendous experience working with financial services firms."
 
 
About InvestorGrade
InvestorGrade is a full-service consulting firm providing technology and integration solutions to the alternative investment industry.  InvestorGrade's experienced team has an extensive knowledge of the hedge fund, prime brokerage and fund administration businesses. InvestorGrade specializes in implementing complex front-, middle- and back-office applications, designing and building data warehousing solutions, custom reporting, and workflow optimization.  InvestorGrade is focused on helping its clients gain operational efficiencies, increase revenue, reduce costs, minimize risk, and manage regulatory change in a rapidly evolving financial services industry.
 
About Fund Resources

Fund Resources, a White Plains NY based consulting firm, was founded in 1999 by Kevin Swayne and a number of senior managers formally from Citigroup and Lehman brothers.  Fund Resources provides specialized consulting services to the capital markets groups of major Broker/Dealers and Banks, primarily in accounting, front office compliance and control, operations, and administration. Fund Resources also provides larger scale middle- and back-office project and has worked with over 50 hedge fund and banking clients.