Alternative Investment Solutions is a fund administrator and provides outsourced middle and back office functions to hedge funds. It provides operational services for all investment instruments, including stocks, derivatives, global debts, futures, swaps, options, forwards and bank loans. It also provides services for convertible, risk, statistical and global fixed income arbitrage. Additionally, it offers financial services for emerging markets and high yield and distressed debt strategies. Alternative Investment Solutions maintains ShadoSuite that processes the full spectrum of securities and derivatives. Its general ledger software package maintains stock records, investment ledgers, corporate actions and general ledgers. Alternative Investment Solutions maintains one of its locations in Hackensack, N.J.