Hedge Funds

IFA opens U.S. office


International Financial Administration, an offshore hedge fund administrator, has opened its first U.S. operation and hired Daniel Hart, Terrence Kelly and Thomas Pearson as principals. IFA's new U.S. headquarters are based in Chicago.

Hart served most recently as director of marketing for the Chicago Stock Exchange and Pearson as chief financial officer for Peregrine Financial Group. Kelly is currently and will continue to be president of the Limerick Group and a managing director of Global Access Partners.

IFA provides organizational, administrative, evaluation, registrar, transfer agent, investor relations and company secretarial services to hedge funds, funds of funds, commodity pool