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Viteos expands senior management team in North America

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Viteos Fund Service, a hedge fund service provider, has expanded its global sales and relationship management team by appointing Francis Rainsford as executive vice president.

Rainsford will lead the global client relationship management function and will provide clients with value added service in the areas of structuring, compliance, accounting, and tax.

Shankar Iyer, chief executive of Viteos, says: “This expansion and appointment is being done with a view towards meeting the changing needs of the industry that are bound to follow a major crisis such as 2009.

“The firm has begun various initiatives to further strengthen its presence in the industry. Increasing the depth and breadth of services and broadening the senior management team are some of the steps in the direction.”

Rainsford brings over 20 years’ experience in global hedge fund operations and accounting having served as chief financial officer of Balyasny Asset Management, senior vice president of BISYS-RK Alternative Investment Services, and as a partner at Rothstein Kass where he established and grew the firm’s hedge fund administration practice.

Viteos has also expanded its global sales operation with the appointment of Jonathan White, who previously served as business development manager for NorthPoint Solutions. White will head North American Sales and will be based in New York.

Andrew Kaufmann will continue to drive the European Sales, and will be based in London.

Robert Coates, who prior to joining Viteos had several years of experience with JP Morgan Hedge Fund Services, Spectrum and GlobeOp Financial Services, will lead the client relationship management function for the firm’s European clients.

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