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Rating:Stone Harbor Picks Back-Office Provider Not Rated 3.5 Email Routing List Email & Route  Print Print
Thursday, August 16, 2007

Stone Harbor Picks Back-Office Provider

News summary by MFWire's editors

Stone Harbor Investment Partners has selected ALPS Fund Services to provide back-office support. Denver-based ALPS will provide Stone Harbor with fund accounting, distribution, transfer agency, legal, tax, compliance and administration services. New York City-based Stone Harbor is a relatively new fund complex, joining the game in February of this year.

ALPS Fund Services, Inc. a leading outsourcing solution for the fund industry, today announced that they have been retained by the investment management company, Stone Harbor Investment Partners, LP, for turn-key mutual fund services.

Among the services ALPS will provide to Stone Harbor are fund accounting, distribution, transfer agency, legal, tax, compliance and administration.

“We’re delighted to welcome Stone Harbor Investment Funds to the ALPS family, and are honored they selected us as their business partner” said Ned Burke, President of ALPS Fund Services. “One of our key competencies is our long experience helping start-up fund families navigate their way to success through the complex legal, regulatory and administrative environment. We look forward to a long and mutually beneficial relationship with Stone Harbor.”

Stone Harbor Investment Funds was organized on February 20, 2007 as a Massachusetts Business Trust. The Trust currently offers shares of the Stone Harbor Emerging Markets Debt Fund and Stone Harbor High Yield Bond Fund. Each Fund is a non-diversified portfolio with an investment objective to maximize total return. Shares of each Fund are divided into two classes, designated Institutional Class Shares and Distributor Class Shares. Stone Harbor Investment Partners LP (Stone Harbor) is an investment manager of the Stone Harbor Investment Funds. Stone Harbor was established in 2006 and provides investment advisory services to clients located throughout the world. Stone Harbor manages approximately $11.4 billion of assets and is 100% employee owned. About ALPS Fund Services, Inc. ™ ALPS Fund Services, Inc. ™ is a Denver-based outsourcing solution for administration, compliance, distribution fund accounting, legal, marketing, tax administration, transfer agency and shareholder services for open-end funds, closed-end funds, hedge funds and exchange-traded funds. ALPS has approximately $17 billion in client mutual fund assets under administration. ALPS Distributors, Inc. provides distribution services to over $155 billion in client assets. For more information, visit www.alpsinc.com. ALPS is a registered trademark or trademark of ALPS Fund Services, Inc.™ in the United States and other countries. All other brand names, product names or trademarks belong to their respective holders. 

Edited by: Erin Kello

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