Viteos Fund Services has expanded its European operations in response to increased clients demand and the build out of Viteos services. The firm has named industry veteran Ranjan Mishra as senior vice president to head the expansion.
In addition to continuing to grow its traditional business of services to hedge funds, Viteos will target traditional long only buy side asset managers, family offices, and other capital market intermediaries. Services include middle office outsourcing; and technology.
Mishra will drive and expand the UK and Europe business. He comes with more than 16 years of experience selling into the financial services industry in India and the UK. In his previous role he set up and grew the UK and Europe operations of Thinksoft, a specialist IT consulting company for financial services. He started his career with Citigroup in Custody Services in 1996, actively working in the India Securities back office ecosystem before moving to London in 2003.
The expansion dovetails with Viteos move into a new London Office location.
Shankar Iyer, CEO of Viteos stated: As we looked at the issues and challenges facing investment managers we recognized that our next generation approach, which combines experience, expertise, technology, and global reach both anticipates and meets their needs. Ranjan Mishra brings a depth of knowledge and strong relationships both of which are critical to our expansion in Europe and to our offerings, and which will serve our clients and Viteos well.
The latest expansion initiative follows those in Asia-Pacific and the official launch of a family office practice, building on the already established presence in North America and South Asia.
(JDC)