Fri, May 25, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Eze Castle enjoys busy year in and out of the hedge fund cloud

Wednesday, November 30, 2011

By Beverly Chandler, Opalesque London:

From the perspective of Eze Castle Integration, new start-ups in the hedge fund arena are on the increase. Vinod Paul, managing director of Eze Castle Integration, reports that this has been one of their busiest years with their in-house 'hedge fund hotel’ for potential hedge fund start-ups enjoying 100% occupancy, while out of the 124 new clients they have taken on this year, some 44 have been new start-ups.

Founded in 1995, Eze Castle has become the largest IT technology integrator in the alternative space. Over 90% of its clients are hedge funds, representing over 600 hedge funds, and close to 100 of those manage over $1 bn in assets. Other clients come from the fund of funds, private equity, VC, broker dealer and private bank sectors.

The company has eight offices in the US alone. Its largest office is in New York but it is headquartered in Boston. Globally, there are offices in London, Geneva and Singapore and a new office opening in Hong Kong shortly.

Paul explains: "We offer a full 360 degree service in the technology space" with80% of their client base representing organisations of between 10 – 50 staff which do not have technologists in-house. "We look after all their technology needs if they have no one in-house" Paul says. "We have a very diverse background with skilled engineers who understand various applications so outsourcing is a better fit for all these funds." Larger funds might also use Eze Castle fo......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Hedge funds hike Smurfit Kappa positions amid takeover deal hopes, Hedge fund IBV Capital digs deep to unlock long-term value in a competitive market, Eisman of 'The Big Short' fame recommends shorting Deutsche Bank[more]

    Hedge funds hike Smurfit Kappa positions amid takeover deal hopes From Irishtimes.com: Two US hedge funds, Davidson Kempner and York Capital, have accumulated a combined 4.74 per cent interest in cardboard box maker Smurfit Kappa using financial derivatives. It comes as many investors cl

  2. Foundations of hedge fund managers gave big to controversial donor-advised funds[more]

    In the world of philanthropy and tax-deductible charitable giving, the explosion of donor-advised funds has touched off intense debate. Now, there is evidence that the DAF boom is being further fuelled by hedge fund foundation money. Four of the top five foundations that gave the most to large do

  3. Third Point to raise $400 million for SPAC, Farley to run it[more]

    From Reuters.com: Daniel Loeb's hedge fund Third Point LLC plans to raise $400 million for a "blank check" company which will be run by outgoing stock market operator NYSE Group President Thomas Farley, according to a regulatory filing made on Tuesday. The new company, referred to on Wall Stre

  4. Study: For hedge funds, smaller is better[more]

    From Institutionalinvestor.com: The smaller the hedge fund is, the better its performance is likely to be, according to a new study. The study - "Size, Age, and the Performance Life Cycle of Hedge Funds," released April 26 - sought to determine whether a hedge fund's size and age had any effect on i

  5. Hedge fund returns rose in April for first gain since January[more]

    From Bloomberg.com: Bloomberg Hedge Fund Database shows returns flat this year - Currency strategies had the biggest monthly gain at 13% Hedge fund returns increased 0.78 percent in April, reversing two consecutive monthly declines. The swing of 134 basis points was driven by gains in all seven