NEW YORK, Feb. 27, 2013 /PRNewswire/ -- The founding partners of Orical LLP have launched Reliance Hub LLC.  Reliance Hub assists private fund managers and other companies in maintaining compliance and operational programs that consistently represent industry best practices.

Romulad Beneche, CPA, formerly of Citigroup Fund Services, has been hired as a Director of Reliance Hub operations.  "We are dedicated to clients who apply the highest business and ethical standards to their operations and who wish to raise the bar when it comes to compliance," said Mr. Beneche.  He added, "All of our professionals have extensive experience working within the senior management of large private fund managers, which enables Reliance Hub to provide business-savvy solutions.  We provide leading-edge compliance software to enable our clients to automate compliance programs and achieve their operational goals."

Orical LLP is an award winning New York based investment management law firm founded by lawyers with extensive experience serving in senior management roles as General Counsels and Chief Compliance Officers at some of the industry's largest private fund managers.  Orical offers best-in-class, customized, practical, and technical solutions for the compliance, operational and legal issues facing investment advisers, private funds and broker-dealers.  Orical's services include: SEC Exam Preparation, Compliance Testing Investor Due Diligence, Regulatory, Registration and Fund Formation Services. 

For more information, please contact either Greg Florio at gflorio@orical.org or (212) 705-4285; or Romulad Beneche at rbeneche@reliancehub.org or (212) 705-4282.  Additional information on Orical LLP is available on the Web at www.orical.org.

SOURCE Orical LLP