Viteos AUA Doubles

Feb 8 2011 | 1:06pm 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

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...

 

FINalternatives Trending

From the current issue of