Ambassador Capital Management, a Michigan-based startup fund company, has selected Bisys to provide fund administration, distribution, accounting, transfer agency, and shareholder services for its new fund family.

The services will be provided for two of Ambassador's new funds -- a money market fund and a short-term government obligations fund. The two funds have assets of $75 million. The funds will be distributed through institutions, municipalities, and plan sponsors, as well as registered advisors and brokers, according to Brian T. Jeffries, president and CEO, and founder of the Michigan-based Ambassador Capital Management.  

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