Credit Suisse Inks Deal With Hedge Fund Administrator

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.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel's Griffin Reaches Settlement in Contentious Divorce

Oct 8 2015 | 10:14pm ET

Billionaire hedge fund manager Ken Griffin and his wife have settled a long-running...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note