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Article: ALPS Acquires Hedge Fund Leader Price Meadows.
- Article from:
- Business Wire
- Article date:
- May 15, 2008
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Copyright informationCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DENVER -- ALPS Fund Services, Inc. today announced it has acquired the assets of Price Meadows Incorporated, a hedge fund administrator based in Bellevue, Washington, with more than $6 billion in assets under administration. The new combined business, ALPS Price Meadows([R]), will operate as a division of ALPS Fund Services, Inc.
Price Meadows was founded in 1987 by two former hedge fund managers, Kelley Price, Co-founder and CEO, and Rick Meadows, Co-Founder and President. They will stay on in day-to-day management of the new company, joined by Paul Garvey, ALPS' Director of Alternative Investment Services. Garvey joined ALPS in 2007, bringing with him 17 years of ...
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