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Evnine & Associates names Viteos fund administrator

03 August 2009  |  1554 views  |  0 Source: Viteos Fund Services

Viteos Fund Services, a leading global hedge fund administrator and middle office outsourcing operations service provider, today announced that Evnine & Associates, a San Francisco-based investment management firm specializing in quantitative models for trading in key markets worldwide, has selected Viteos as its fund administrator to provide daily fund administration services.

Evnine & Associates employs quantitative models to support its global investment strategy. The focus is on statistical arbitrage, with a variety of directional and non-directional strategies including: equity market neutral; equity index futures; and options dispersion.

Said Toshi Tazawa, Director of Trading and Operations of Evnine & Associates, Inc.: "In reviewing fund administrators, Viteos Fund Services stood out as an ideal business partner for us; we are impressed with their flexibility and ability to meet our specific and unique administration needs"

Said Chitra Baskar, COO of Viteos: "We believe the confidence that Evnine & Associates has placed in Viteos by choosing our firm as their administrator is a confirmation of our commitment to advanced administration services. Our domain expertise, 24x7 global delivery model, and our high touch client service gives Viteos a significant competitive advantage in scope of services, technology, and client experience relative to other hedge fund service providers. Our offering delivers a robust solution which is tailored for Evnine's specific needs."

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