Jay Moghe will head the office.
Fund administrator Viteos has opened an office in Singapore, its first in the Asia-Pacific region. Heading the office will be Jay Moghe, who joined the company in November from Credit Suisse AG Prime Fund Services.
Officials say that they will first focus on Hong Kong and Singapore before expanding throughout the rest of the region.
"Our move into APAC reflects our belief that the market for ‘next generation' fund services is underserved and that our experience, expertise, technology and global reach in operations will meet the needs of the hedge fund and family office firms in the area," says Viteos CEO Shankar Iyer. "Jay Moghe's experience in a variety of roles and his local relationships will be critical as we build our franchise."
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