GlobeOp Opens Fourth Mumbai Office

Jan 30 2012 | 8:34am ET

Hedge fund administrator GlobeOp Financial Services has opened a fourth office in Mumbai, and plans to increase its headcount in the city to 2,000.

The firm has launched a 46,700 sq. ft. hedge fund administration and data center in Airoli, on the eastern side of Mumbai. It is located in the same business complex as the firm’s third Mumbai office. Two additional offices are located in Malad.

GlobeOp says the new addition to its network will increase its capacity to meet growing client service demand and enhance business continuity planning.

Client services at the new office include integrated middle and back office, fund administration and risk reporting services, paralleling those offered at the other three Mumbai offices. Advanced conference and meeting room facilities expand GlobeOp’s capacity for client and prospect due diligence meetings, as well as continuous employee training programs.

Established in 2000 and headquartered in London and New York, GlobeOp serves approximately 200 clients worldwide, representing $173 billion in assets under administration.


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note