PEF Services, a leading fund administrator for Alternative Investment Managers, today announced Richard Del Bello as Director, Business Development, reporting to PEF Chief Revenue Officer, Hank Boggio.

Based in New York City, Mr. Del Bello will be responsible for driving PEF's business development activities with a focus on the Eastern U.S. region.

Mr. Del Bello brings over 10 years of financial services sales, research and analysis experience in equities and hedge fund services and solutions. Prior to joining PEF Services, Mr. Del Bello held sales leadership and strategic brand development roles at Conifer Financial Services, where he was instrumental in growing the firm's client base and increasing sales revenues. Previous experience includes sales and operations research and analysis roles for Goldman Sachs Group.

In his new role, Richard is responsible for building and maintaining the business development opportunity pipeline for Eastern U.S. sales operations to support the growth and expansion of PEF Services.

"We are delighted to add Richard to our business development team as we further expand operations to deliver our world-class, cutting edge fund administration services and solutions," said Hank Boggio, Chief Revenue Officer, PEF Services LLC. "Richard has a solid track record of success and a deep understanding of the operational complexities and needs of the alternative investment industry. He is a strategic addition to the expanding PEF business development team to lead and support our efforts to deliver the services that are vital to both General Partners and Limited Partners."

"I'm very excited to be joining the PEF Services team that has built a solid reputation for operational excellence built on trusted expertise," commented Mr. Del Bello. "I look forward to working with such high caliber, experienced and dedicated senior professionals with deep roots in providing high-touch, high-value services to the alternative investment space."

About PEF Services LLC

PEF Services provides high-value, high-touch Fund Administration solutions supported by senior professionals with extensive experience in alternative investments. PEF has a 15-year track record of delivering cost-effective solutions to Funds and General Partnerships, including Buyout, Venture, Real Estate, Special Purpose Vehicles, Mezzanine, Credit, SBIC, and Fund of Funds. The firm's LP Administration Solutions Group (LPAS) focuses solely on meeting the unique administration and data needs of limited partners investing in illiquid alternative assets. In partnering with PEF, firms increase operational efficiency, reduce and control operating costs, improve focus on core capabilities, and gain access to experts in private capital back office operations. For more information please visit www.pefservices.com.