Meader Launches North American Fund Administration Association

Jan 30 2018 | 5:17pm ET

Veteran fund administration executive Chris Meader has launched the North American Fund Administration Association (NAFAA) which aims to define, promote and encourage collaboration for best practices in the industry.

NAFAA will look to address the requirements and goals of investors and allocators, generate a useful and progressive dialogue with regulators and ultimately enhance and improve both the reputation and understanding of the North American fund administration industry, across the globe.

Meader was a senior managing director at State Street’s Alternative Investment Solutions unit until July 2017, according to his LinkedIn profile. Previously, he was a senior vice president at Citi's hedge fund services division and a vice president of JPMorgan hedge fund services. 

NAFAA intends to be a voice for the administration industry and its constituents, supporting the administration space and providing a forum where experienced professionals can share and implement ideas for progression in an increasingly complex and regulated global market, according to Meader in a statement.

“Collaboration of fund administration service providers in the U.S. is long overdue,” Meader said in a statement. “With the increased use of derivatives in our industry and the introduction of new products such as cryptocurrency funds, there is a clear calling, now more than ever before, for a forum to discuss these key issues.”

The NAFAA is currently seeking initial members to assist in the definition and ongoing development of the association, Meader continued. 

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