Maples Group Selected to Provide Fund Administration Services to Chicago Global

The Maples Group is proud to announce that it has been chosen by Chicago Global Capital Pte. Ltd. (“Chicago Global”) to provide fund administration services for its Cayman Islands-domiciled hedge fund. Chicago Global will be primarily serviced from the Group’s Singapore office, where the team will be providing a full array of fund administration services, including cross-jurisdictional AML/KYC compliance, financial statement preparation, investor services and fund accounting. 

Chicago Global is a Singapore-based asset manager which combines big data, advanced machine learning techniques and proprietary alpha signals to select high quality stocks worldwide. Founded by alumni of the University of Chicago, the firm works with the premier financial research universities in the world, including its alma mater, to develop its investment strategies. Chicago Global selected the Maples Group in part for its deep experience in working with quantitatively driven hedge funds, as well as for its ability to provide knowledgeable support across borders in Singapore and the Cayman Islands. 

Proof of the Maples Group’s distinction as a market leader and its deep connectivity across the financial services is how the engagement with Chicago Global began: a referral from a major New York-headquartered investment bank and financial services company. “Chicago Global is a next-generation asset manager that is at the forefront of developing investment strategies based on timeless financial research upgraded to fit modern-day portfolio construction and stock selection techniques,” says Eastern Fong, Regional Head of Fund Services – Asia. “We are proud to have been selected and look forward to providing the firm with the solutions and service they need to help them successfully continue their journey.”