Sun, Mar 1, 2015
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. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  2. Adamas Asset Management and Ping An Insurance to co-manage $500m debt fund[more]

    Komfie Manalo, Opalesque Asia: Hong Kong-based Adamas Asset Management and Ping An Insurance Group, one of China’s largest financial institutions, have finalized a memorandum of und

  3. Opalesque Exclusive: dbSelect’s top ten FX strategies average almost 10% in January[more]

    Benedicte Gravrand, Opalesque Geneva: In one of Deutsche Asset & Wealth Management (AWM)’s hedge fund platforms, called dbSelect, a number of FX Strategies did very well in January. dbSelect is a managed investment platform for unf

  4. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his

  5. Dymon Asia's $3bn macro hedge fund lost 10.45% in January[more]

    From Reuters.com: Dymon Asia's $3.1 billion macro hedge fund lost 10.45 percent in January, performance data seen by Reuters showed, a month where many peers lost heavily after a surprise rise in the Swiss franc. Singapore-based Dymon, set up by Danny Yong, a former founding partner and chie