Sat, Feb 6, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Viteos expands European operations

Tuesday, May 15, 2012
Opalesque Industry Update - Viteos Fund Services, in the latest in a series of strategic moves, has announced the expansion of its European operations. The expansion comes in response to increased client demand and the build out of Viteos’ services. It follows on the recent strategic announcements of an expansion in Asia-Pacific and the official launch of a Family Office Practice, building on the already established presence in North America and South Asia. The firm has named industry veteran Ranjan Mishra as Senior Vice-President to head the expansion.

For over a decade, Viteos has been a leading global fund administrator and operations service provider. Despite the challenging global market, Viteos continues to expand in services, segments, and regions. Based on its expertise and experience in the alternate investment space, Viteos is now focusing on and bringing its unique approach to the entire range of global investment management firms. In addition to continuing to grow its traditional business of services to hedge funds, Viteos will target traditional long only buy side asset managers, family offices, and other capital market intermediaries. The robust breadth of offerings to these segments includes: administration; middle office outsourcing; and technology.

Regulatory, technology, and competitive conditions have mandated that European hedge fund managers increasingly focus on cost-effective operations. Family offices are now demanding technologically advanced operations accompanied by accounting expertise. Viteos is positioned to respond to these client demands, and sees Europe as a growth opportunity. To resource the effort, Viteos, which offers “24x5” support across asset classes, named industry veteran Ranjan Mishra as Senior Vice President – Europe, joining the London office. Mr. Mishra will drive and expand the UK and Europe business. He comes with more than 16 years of experience selling into the financial services industry in India and the UK. He has a strong understanding of and experience in IT and Process outsourcing with a good understanding of the financial services industry in Europe. In his previous role he set up and grew the UK and Europe operations of Thinksoft, a specialist IT consulting company for Financial Services. He started his career with Citigroup in Custody Services in 1996, actively working in the India Securities back office ecosystem before moving to London in 2003.

To further emphasize its commitment to European clients, Viteos has moved to a new London Office location, reflecting its increased investment in European business. Shankar Iyer, CEO of Viteos stated: “As we looked at the issues and challenges facing investment managers we recognized that our ‘next generation’ approach, which combines experience, expertise, technology, and global reach both anticipates and meets their needs. Ranjan Mishra brings a depth of knowledge and strong relationships – both of which are critical to our expansion in Europe and to our offerings, and which will serve our clients and Viteos well.”

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. How Einhorn survived a nightmare year[more]

    From Bloomberg.com: Even when a hedge fund has an awful year, which was the case for David Einhorn's Greenlight Capital, there are lessons to be learned. Many funds would have had a tough time surviving a year like Einhorn experienced in 2015, when all the stars seemed to align against him and Green

  2. Legal - Hedge fund founder wins early release in U.S. insider trading case, Gramercy seeking $1.3 billion from Peru over land-bond dispute[more]

    Hedge fund founder wins early release in U.S. insider trading case From Reuters/Streetinsider.com: Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2

  3. Investing - David Einhorn finds a winner in Michael Kors[more]

    From Thestreetinsider.com: Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison and short a couple high-flying FANG stocks. However, today Einhorn is again showing his stock picking pro

  4. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  5. Computer-driven hedge funds make money during January’s selloff[more]

    Komfie Manalo, Opalesque Asia: Commodity trading advisers (CTAs) that use computer programs to guide how they trade, made millions of dollars during last month’s market selloff on the back of declining oil prices and global equities and big moves in currencies. Data provider