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

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of