Viteos AUA Doubles

Feb 8 2011 | 12:06pm ET

Hedge fund administrator Viteos Fund Services more than doubled its assets under administration last year, it said.

The firm added $4.8 billion in AUA in 2010, a 117% increase from 2009. Viteos credited its recruitment of several formerly self-administering hedge funds for much of the growth.

"The increase in AUA, validates our business model," Francis Rainsford, executive vice president, said. "Clients are attracted to VITEOS because of the breadth and depth of our offerings, which go beyond what has been traditionally considered fund administration."


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

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

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of