The company is domiciled in Road Town, Tortola, British Virgin Islands. It was founded in 1996. HFS is licensed by the Registrar of Mutual Funds of the government of the British Virgin Islands and holds administrator and manager license MA 980083. Reporting HFS office is on-line daily with most clearing brokers, receiving updates on trades and Fund activities.
Information is upload into a general ledger system.
A Senior Fund Administrator is responsible for each Fund and all activities relating to a Fund goes through them. Output is typically reviewed by another Senior before being given to a client or shareholder. Independent Verification HFS receives reports and broker statements directly from third parties and verifies these independently of the Investment Manager. This is especially emphasized in areas such as Private Placements. Since inception, HFS has incurred no audit exceptions.