Gemini Announces Expanded Partnership With ReFlow Services

HAUPPAUGE, N.Y., March 6, 2012 /PRNewswire/ -- Gemini Fund Services, LLC (Gemini), an engaged partner to independent advisers as a provider of comprehensive, pooled investment solutions, has announced an agreement with ReFlow Services, LLC (ReFlow), a specialist in managing the impacts of shareholder flows, which gives all of Gemini's client fund managers access to ReFlow's shareholder flow management tools. The ReFlow offering was previously available only to Gemini partners affiliated with Northern Lights Fund Trust.

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"As markets have become more volatile, fund managers have recognized the need to better manage redemptions," said Andrew Rogers, President of Gemini. "By offering ReFlow's services to all of our partners, we can help every fund manager we work with deliver greater efficiencies to their investors by obtaining more control over shareholder flows. Expanding our partnership with ReFlow helps us further our commitment to helping mutual funds remain competitive in an increasingly crowded market."

Every adviser working with Gemini will be able to take advantage of ReFlow's NAVswap, Redemption Service and Redemption In-Kind services, which help optimize transactions, reduce turnover, minimize possible capital gains distributions and efficiently maintain portfolio targets and liquidity.

NAVswap allows advisers to build customized liquidity buffers to manage fund flows, manage for large market opportunities or reallocation events and equitize portfolio cash to eliminate cash drag. ReFlow's Redemption Service entails ReFlow purchasing mutual fund shares on days of net outflows and providing short-term liquidity to cover redemptions, allowing funds to receive ReFlow capital reflecting the settlement of shareholder redemptions. The company's Redemption In-Kind offering gives mutual funds some of the tax efficiencies that exchange-traded funds possess. Through this comprehensive toolkit, ReFlow has added more than $4 billion in liquidity to the mutual fund industry since 2004.

"We are incredibly proud to be expanding our partnership with Gemini and believe our services are perfectly suited to their clients' needs," said William White, President & COO of ReFlow Services. "At a time when many funds require liquidity solutions, most of the traditional channels for liquidity have either disappeared or become cost-prohibitive. We believe our services offer a clear alternative and are perfectly aligned with Gemini's mission of providing comprehensive solutions to their clients."

For more information, please contact Dana Taormina at 973-850-7305 or [email protected].

About Gemini Fund Services, LLC

Gemini Fund Services, LLC (www.geminifund.com) provides comprehensive, pooled investment solutions as an engaged partner to independent advisers. Gemini serves as a strategic partner and resource to advisers 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 advisers 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 advisers achieve the vision of their product and deliver the most extensive range of turnkey solutions to clients.

CONTACT:
Dana Taormina
JCPR
973-850-7305
[email protected]

SOURCE Gemini Fund Services, LLC

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