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Bisys Alternative Investment adds private equity expert Li to Hong Kong team

24 May 2007  |  3010 views  |  0 Source: Bisys Alternative Investment Services

Bisys Alternative Investment Services, a leading global provider of administrative, accounting and tax services for the private equity, hedge fund and fund-of-fund industries, today announced that Michael Li, director, has joined its Hong Kong office.

Mr Li will be responsible for managing the day-to-day private equity operations, interfacing with Asia-based clients and overseeing the Hong Kong service teams. He will leverage his previous client service and private equity experience to provide high quality service to BISYS' clients in the Asia region. Mr. Li will report to Joe Patellaro, executive vice president, of BISYS Private Equity Services and work closely with Glenn Kennedy, managing director, BISYS Alternative Investment Services Asia in the Asia market.

"We are excited to have Michael join our Hong Kong team as we grow our service capability for Asia-based funds," said Joe Patellaro. "It is extremely important to have local talent on the ground in our Hong Kong office to provide our clients with the quality service they expect. Michael brings a breadth of knowledge and expertise to the private equity service arena."

Glenn Kennedy, BISYS Alternative Investment Services Asia, added, "We have seen tremendous growth since the opening of our Hong Kong office in December. Asia has incredible opportunities across the alternative investment asset class, and we are excited to have Michael on board dedicated specifically to private equity as we continue to meet the demands and challenges of the dynamic alternatives marketplace."

"I'm thrilled to have joined a leader in alternative investment services and feel that BISYS is a perfect fit based on my previous background," said Mr. Li. "I look forward to establishing BISYS Private Equity Services as the market leader in Asia and working with and expanding our team to meet current and future market needs."

Prior to joining BISYS, Mr. Li worked for Deloitte & Touche and Arthur Andersen in San Francisco with a focus on private equity and venture capital clients.

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