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Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

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Hedge Fund Service Provider Gravitas Expands India Office

Apr 16, 2013
Jing Chen

New York-based hedge fund technology provider Gravitas announced Tuesday that increasing demands for its services has prompted the firm to expand its India office.

Gravitas’ India expansion includes moving to a larger office space in Mumbai to accommodate its growing team for the region’s 70 employees, which is up 110% from a year ago. Gravitas expects to make additional hires in the next several months.

The firm saw its revenues increase by 50% last year, which was also when it implemented its cloud-based computing system,

Founded in 1996, Gravitas provides cloud technology, collaborative outsourcing, risk support and research to the alternative investment industry. It has additional offices in Chicago, Greenwich and Ahmedabad, India.

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