Citisoft today launched a service focusing on consulting to hedge funds, hedge funds of funds and investment managers that use derivatives and other alternatives. Deborah Eisenberg, spokeswoman, said Citisoft has offered consulting to hedge funds since 2003 but did not have a dedicated unit for derivatives and alternatives. The unit will offer strategic planning, project management and structuring alternative investment businesses.
Sunil Chadda, a Citisoft senior consultant, was named head of the new practice. He will continue in his consulting role.