Mon, Jun 27, 2016
A A A
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. Opalesque Roundup: Hedge funds shrink as liquidations outpace new launches in Q1: hedge fund news, week 27[more]

    In the week ending 17 May, 2016, HFR said hedge fund liquidations declined narrowly to begin 2016 after rising sharply to conclude 2015, as investors positioned f

  2. Europe - Hedge funds keep powder dry over big Brexit bets, Hedge funds sense profit in Europe shock waves after Brexit vote, Soros warns Brexit may cause pound plunge worse than Black Wednesday, After Brexit: What will happen if Britain votes to leave the UK?[more]

    Hedge funds keep powder dry over big Brexit bets From FT.com: Hedge funds are shying away from big bets on Brexit, with many unwilling to risk further losses having already suffered a painful first half of the year. With the outcome of a UK vote on the country’s membership of the Europea

  3. News Briefs - ’Flash Boys’ get green light to launch stock exchange, Pimco says ‘storm is brewing’ in U.S. commercial real estate, Bankers get ready to rumble at Hedge Fund Fight Night, AIMA Australia celebrates 15th anniversary[more]

    ’Flash Boys’ get green light to launch stock exchange In an investing environment ruled by fast, the newest U.S. public stock exchange is banking on slow. Well, slower. IEX Group, which won Securities and Exchange Commission approval on Friday to go head-to-head with the New York Stock E

  4. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  5. Global markets fell, hedge funds gain in mid-June on Brexit, Fed rate concerns[more]

    Komfie Manalo, Opalesque Asia: Global financial markets declined through mid-June, as uncertainty associated with the upcoming Brexit referendum and expected U.S. Fed interest rate hike contributed to increases in volatility across asset classes, data provider