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

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

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

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of