Hedge Funds

HedgeOp expands into Boston

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HedgeOp Compliance, a New York-based compliance consultant to hedge funds, has opened its first satellite office in Boston and added new muscle to its legal department.

The Boston office, which opened its doors earlier this year, is being headed by Patrick Shea, senior vice president., and will be hiring an as-yet undetermined number of professionals. The move was partly geared to appease clients who expressed an interest in doing business with service providers that maintain a regional presence.

The move coincides with a pair of key promotions. Rinarisa Coronel will take on expanded management and strategic planning responsibilities in