•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

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