Capstone Asset Management has hired Bisys to handle the accounting, financial administration and transfer agency services for its seven-fund family with approximately $290 million in assets.

In a press release, Edward Jaroski, Capstone’s president, commended Bisys’ "sophisticated outsourcing platform" and said the move would allow Capstone to "focus more time, attention and resources on our asset generation and retention strategies."

Fred Naddaff, president of Bisys Fund Services, said that Bisys' ability to support Capstone's growth plans was important in their selection. 

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