Paramus, NJ (PRWEB) April 17, 2012
Broadscope Fund Administrators announced today that Robert F. Aufenanger has joined the firm as a Managing Member. Mr. Aufenanger brings over 30 years’ experience directing alternative investment funds as a senior financial executive at UBS, US Trust and Merrill Lynch.
Most recently, Mr. Aufenanger served as executive director and chief financial officer of the Alternative Investment Group at UBS. In this role, Mr. Aufenanger directed all financial reporting, compliance and accounting matters, as well as, all financial and business control processes for both registered and non-registered funds and fund of funds, including; private equity, hedge, real estate, leasing and other specialty alternative investment funds.
Mr. Aufenanger is widely regarded as an expert in alternative investment fund administration with broad experience in financial reporting, investment valuations, SEC/CFTC compliance and fund administration best practices.
“I have known Bob for over 30 years”, said Frank Palmeri, Managing Member of Broadscope and former CEO of Palmeri Fund Administrators. “He is a highly regarded professional and the perfect addition to our senior management team. Bob and I worked together at Merrill Lynch in the 1980’s. As a former PFA client, Bob worked closely with all Broadscope founders for many years.”
“Bob brings special talents to Broadscope”, added Managing Member Kevin O’Neill. “Having directed all financial aspects of a wide variety of alternative investment funds and fund of funds, Bob broadens our expertise and expands our professional network to more of the best minds in the business. Through his experience as CFO of various funds and structures, Bob knows what clients need and what they expect from a third-party fund administrator.”
“I am very pleased to join the Broadscope team”, said Mr. Aufenanger. “I have known Frank, Kevin and Rick for many years. Through a model based on access to senior management and innovative technology combined with proven business process controls, Broadscope brings high quality client service to a whole new level. I am looking forward to adding my expertise to the team.”
About Broadscope Fund Administrators
Broadscope Fund Administrators is an independent third party service provider, offering a full range of fund administration services for the Private Equity industry. Founding Members, Frank Palmeri, Kevin O’Neill, Rick Palmeri and Robert Aufenanger, bring over 100 years of collective experience to Broadscope – expertise in a broad range of complex fund administration issues and process control systems that is unmatched in the industry. Broadscope provides high quality service to alternative fund managers through access to senior management, proven process controls and innovative technology. For more information about Broadscope Fund Administrators visit http://www.BroadscopeFA.com.