Mon, Nov 30, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Citi to provide hedge fund middle office services to Spartus Capital

Thursday, April 26, 2012

From Komfie Manalo, Opalesque Asia – Global investment bank Citi has won the contract from investment management firm Spartus Capital Management LP to provide them with hedge fund middle office services.

Spartus, a new divergent volatility strategies hedge fund said it awarded the contract to Citi after a competitive process that involved analyzing proposals from multiple providers. "Citi’s expertise and middle office technology have been instrumental in supporting the launch of our new fund," said John Liu, Chief Investment Officer, Spartus Capital Management . "With Citi providing our middle office services we can focus more of our management time on generating alpha and serving our investors."

Spartus said that Citi has experience with a wide range of hedge funds, extensive industry research, and worldwide presence. Citi services hedge fund clients by supporting them through all phases of their growth and maturity, from start-ups to institutional-size funds.

Bob Wallace, North America head of Securities and Fund Services at Citi commented, "We are pleased that Spartus selected Citi to deliver the solutions it needs to support the fund’s success. This mandate is further evidence that Citi is well positioned in the marketplace to provide a comprehensive solution across a diverse range of client categories, investment strategies, and asset classes."

Citi’s middle office platform provides a modular solu......................

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. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November