Haidar Capital Management LLC Chooses Opus Fund Services for Fund Administration Services

BERMUDA, Sept. 27 /PRNewswire/ -- Opus Fund Services today announced that it has been chosen to provide daily middle and back office fund administration services to Haidar Capital Management LLC ("Haidar").

Commenting on the appointment of Opus Fund Services, Said Haidar, President and Chief Executive Officer of Haidar, said: "After considering many top administrators we chose Opus Fund Services based on the depth of their product knowledge, the strength of their daily operational capabilities, and the value they contribute to our day to day business. Their ability to handle and process complex instruments on a daily basis is integral to the success of our business."

Robin Bedford, Chief Executive Officer of Opus Fund Services added: "We are very pleased to have added a client of the caliber of Haidar to our growing client roster. The Opus fund administration offering is specifically designed to meet the complex needs of managers like Haidar that require superior daily middle and back office services. We view this appointment as a notable endorsement of our technology and overall service offering."

About Haidar Capital Management LLC:

Based in New York and founded in 1997, Haidar specializes in global macro and event-driven strategies for approximately $200 million in assets. In addition, Haidar develops customized portfolios for institutions seeking opportunities to invest in niche quantitative strategies and various combinations of currency trading and managed futures strategies.

About Opus Fund Services:

Opus Fund Services was established in 2006 and is a leading independent and privately owned full service fund administration company providing automated, integrated middle and back office administration services to hedge funds and asset management firms. Opus was named fastest growing fund administrator in 2009 by Hedgefund.net and "Top Ranked" fund administrator in 2010 by Global Custodian. Opus Fund Services has offices in Bermuda, Chicago, Naperville and San Francisco. Opus Fund Services (Bermuda) Ltd. is licensed by the Bermuda Monetary Authority under the Investment Funds Act 2006. For further information see www.opusfundservices.com or contact one of our offices:

SOURCE Opus Fund Services

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