Friday, 26 December 2014
Last updated 1 day ago
Jun 3 2010 | 11:21am ET
Charlotte, North Carolina is about to get an early Christmas present from hedge fund administration form Citco Fund Services in the firm of 258 new jobs.
Citco Fund Services—part of The Citco Group of Companies—is planning to open an office in Charlotte that will create 258 jobs over the next five years, according to the Charlotte Business Journal.
Citco Fund Services has seen its own fortunes, and size grow lately.
Already the largest administrator, last month Citco Fund Services teamed with OpHedge Investment Services to form a strategic alliance in which Citco, which has $550 billion in assets under administration to OpHedge’s $38 billion, will serve as sub-administrator for OpHedge. Citco has not taken an ownership stake in OpHedge; instead, the two sides agreed to split revenues.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.