MutualFundWire.com: Gemini Picks a President and a CEO
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Tuesday, July 31, 2012|
Gemini Picks a President and a CEO
Gemini Fund Services recently announced the appointment of a new CEO and a new president. Kevin Wolf succeeds Andrew Rogers as president of the firm, while Rogers has been named CEO, according to a company press release.
Rogers will focus on new business development. Wolf, who had previously served as executive vice president, will work on Geminiís operations in various fields, such as fund accounting, fund administration, tax and compliance, and legal administration.
Regarding these promotions, a Gemini spokeswoman told MFWire that "there previously wasn't a CEO position. No senior management has left."
The press release announced a number of other promotions within the Gemini management team. Kara Baird, Jim Colantino, Michael McDermott, Wendy Wang, James Ash, Chris Baird, Susan Hansen, and Larie Lydic were all promoted. These are all internal appointments, a Gemini spokeswoman said.
See the press release below for the full details.
COMPANY PRESS RELEASE
Gemini Promotes Andrew Rogers to CEO and Kevin Wolf to President
Expanding Client Base Positions Gemini for Continuous Growth
HAUPPAUGE, N.Y. Ė July 31, 2012 Ė Gemini Fund Services, LLC (Gemini),
an engaged partner to independent advisors as a provider of
comprehensive, pooled investment solutions, has announced key
management promotions as well as the relocation of its two offices.
These developments will allow Gemini to continue its growth
trajectory, and provide a great opportunity for leveraging additional
expertise within the organization to aid advisors in bringing
investment products to market.
Andrew Rogers has been appointed Chief Executive Officer and Kevin
Wolf has been named President. The promotions became effective in the
second quarter of 2012. Mr. Rogers, who previously served as
President, will continue to lead the company, with a major focus of
his efforts on new business development. Mr. Wolf, who previously
served as Executive Vice President will oversee Geminiís operations in
the areas of fund accounting, fund administration, legal
administration, tax and compliance, technology and transfer agency.
Geminiís growth has also led to relocating its offices in Hauppauge,
N.Y., and Omaha, Neb., to more spacious quarters. As of October 1,
2012, Geminiís new headquarters, which will also house subsidiaries
Northern Lights Compliance Services, LLC and Gemcom, LLC, will be at
80 Arkay Drive in Hauppauge. Meanwhile, effective August 1, 2012,
Northern Lights Distributors, LLC and Geminiís transfer agency
department will move to 17605 Wright Street in Omaha.
"Gemini has been in the business of creating and servicing mutual
funds and helping advisors successfully launch pooled investment
solutions for over 25 years and we currently have more than $15
billion in assets under administration," said Mr. Rogers. "Our ongoing
focus is on empowering advisors to bring alternative investment funds
to market to meet the increased interest in these vehicles among high
net worth clients."
In addition to the new roles of Mr. Rogers and Mr. Wolf, Gemini has
announced the following management appointments for multiple teams:
∑ † † † † Kara Baird has been named Senior Vice President of Transfer Agent.
∑ † † † † Jim Colantino has been named Senior Vice President of Fund
∑ † † † † Michael McDermott has been named Senior Vice President of
∑ † † † † Wendy Wang has been named Senior Vice President of Tax & Compliance.
∑ † † † † James Ash has been named Senior Vice President of Legal
∑ † † † † Chris Baird has been named Associate Vice President of
∑ † † † † Susan Hansen has been named Vice President of Client Services.
∑ † † † † Larie Lydick has been named Senior Vice President of Technology.
ďWe congratulate all of our talented executives on their well-deserved
promotions, and have every confidence that these appointments will
allow us to enhance Geminiís offerings and services as we continue to
grow,Ē said Mr. Rogers.
About Gemini Fund Services, LLC
Gemini Fund Services, LLC (www.geminifund.com) provides comprehensive,
pooled investment solutions as an engaged partner to independent
advisors. Gemini serves as a strategic partner and resource to
advisors that want to bring their own, unique investment vehicles to
market, including mutual funds, hedge funds, and alternative
investments such as collective investment trusts. As a full-service
firm, Gemini provides the administration, accounting, and technology
that advisors need in order to launch and market successful products.
With over 25 years of experience creating and servicing funds, Gemini
brings years of industry knowledge and insight to help advisors
achieve the vision of their product and deliver the most extensive
range of turnkey solutions to clients.
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