Sun, Jul 24, 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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. HFR: Hedge funds post strong gains in mid-July as markets recover from Brexit losses[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted strong gains through mid-July as the equity markets continued the recovery from Brexit losses. The HFRX Market Directional Index gained +2.17% (+4.22% YTD) and the HFRX Global Hedge Fund Index gained +1.03% through mid-month (+0.19%

  4. News Briefs - Carlyle goes on trial for a financial-crisis meltdown, Private equity and venture capital outperformed public markets in 2015, Pippa Middleton gets engaged to hedge fund manager James Matthews[more]

    Carlyle goes on trial for a financial-crisis meltdown Carlyle Group co-founder Bill Conway was in court on this small island last week recounting one of the most bruising episodes in his private-equity firm’s history: the 2008 collapse of mortgage-bond fund Carlyle Capital Corp. Carlyle

  5. …And Finally - Two men fall off cliff playing Pokemon Go[more]

    From BizarreNews.com: Two men who fell from a seaside cliff north of San Diego told authorities they became distracted while playing augmented reality game Pokemon Go. Encinitas fire Battalion Chief Robbie Ford said one of the men fell about 50 feet down the bluff in Encinitas while the other man fe