Friday, 19 September 2014
Last updated 4 hours ago
Jun 15 2007 | 10:42am ET
Credit Suisse has taken an equity position in Viteos Fund Services to offer its clients fund administration and middle office services while simultaneously reducing its operating costs. Terms were not disclosed.
“Our ability to deliver both expertise and advanced technology while simultaneously reducing costs enables our clients to increase alpha,” said Shankar Iyer, Viteos CEO.
Viteos is already working with CS to develop two programs, which will be deployed simultaneously and CS, for the first time, will outsource certain internal prime brokerage operations to Viteos. Both firms will co-brand and co-market an outsourced product for hedge fund middle-office operations.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.