24 October 2017
visit www.avoka.com

LibreMax Capital turns to Gravitas for launch

24 February 2011  |  3453 views  |  0 Source: Gravitas

Gravitas, a leading provider of business consulting and technology solutions to the alternative investment and financial services industries, is proud to announce that it provided technology and consulting services to support the launch of alternative asset manager LibreMax Capital and has been engaged to provide ongoing support services to LibreMax.

LibreMax launched in late 2010, and was founded by former Deutsche Bank AG traders Greg Lippmann and Fred Brettschneider. The fund, with assets under management in excess of $500 million, was one of the most prominent hedge fund launches in recent history.

"We selected Gravitas to handle our technology and infrastructure development because of the company's reputation as an end-to-end provider that could work with us throughout the implementation process," said LibreMax co-founder and chief investment officer, Greg Lippmann.

For LibreMax's launch, Gravitas assisted the firm with the design and build of its core technology systems, utilizing Gravitas' Hosting Services where applicable. In addition, an in-house IT facility was created, involving the coordination with and management of several third-party technology service providers.

"While newly established funds face an extremely challenging environment, with increased investor emphasis on due diligence and more complex regulatory requirements, we believe that smart firms are using this as an opportunity to build strong technology infrastructures designed to last," said Gravitas CEO Jayesh Punater.

 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.innotribe.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
20374 views comments | 31 tweets | 44 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15484 views comments | 24 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
11127 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9244 views comments | 15 tweets | 29 linkedin

Featured job

circa £250K total package
London

Find your next job