Hedge Fund Tech. Firm To Add New York Office

Jul 1 2010 | 10:33am ET

Hedge fund technology provider Syncova is going transatlantic.

The London-based firm, which offers technology solutions to hedge funds with more than US$70 billion in assets, is set to open a New York office in the fall. The firm already services U.S. hedge funds from its U.K. base.

“We’ve been building out our U.S. business at a steady pace from London, and now we’re at a point where there is sufficient growth that we can open a U.S. entity,” CEO Liam Huxley told HFMWeek.

With a U.S. base in the works, Syncova is also looking to the biggest growth area in the hedge fund industry, Asia. Huxley said the firm may establish a presence there, but did not offer a timeline.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Looking for a way to keep warm during the cold weather or rather alleviate your cold while under the weather?