Friday, 29 May 2015
Last updated 17 hours ago
Feb 3 2012 | 12:20am ET
Viteos Fund Services has opened an office in Singapore, its first base in the Asia-Pacific region outside of India.
The hedge fund administrator has already won a client for the new office and is in talks with two others. Viteos has entrusted the new venture to Jay Moghe, formerly of Credit Suisse.
"Our move into Asia-Pacific reflects our belief that the market for 'next generation' fund services is underserved," CEO Shankar Iyer said. "Jay Moghe's experience and his local relationships will be critical as we build our franchise."
The Singapore office is Viteos' seventh: In addition to two in India, it also has a presence in London and the Cayman Islands, and two offices in the U.S.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…