Gravitas, a leading co-sourcing platformand consultant for technology, research and risk solutions to the alternative investment and financial services industries,announced theirexpansion into the Midwest with the formation of "Gravitas Chicago." The office is Gravitas’ fifth location, following the company’s headquarters in New York and operations in Greenwich,CT, Mumbai, and Ahmedabad, India. Gravitas Chicago, an initial joint venture with a long standing technology integration partner, Apogee Strategies LLC,will provide Chicago and Midwest region clients the full suite of Gravitas’ services, including a local Network Operating Center and onsite support. "We have been engaged with Chicago-based alternative investment firms for several years, and have been looking for the right opportunity to bring our co-sourcing platform to bear in the local market" said Gravitas Senior Managing Director Mark Seaman. "Through work with mutual clients, we realized that the best way to accomplish this was by combining Gravitas’ deep domain expertise in alternative investment with Apogee’s on-the-ground technology team and extensive experience in the Chicago area."
The combined entity has more than20 highly skilled networking, desktop and systemsintegrationprofessionals based in Chicago, and operates two (2) state-of-the-artlocal data centers in addition to its core data center hub inNYC. Gravitas’ cloud offering enables access to full service customized cloud computing as well as low-latency exchange connectivityfor algorithmic and high-frequency tradingfirms."Our objective is to harness the best capabilities of both groups across the joint venture, creating a dynamic technology management, consulting, support and systems offering that is unmatched in the alternative investment space" echoed Christopher Burnett, Manager and Chief Executive of Apogee. "The complementary skill sets and services of Gravitas and Apogee provide financial services firms in the Midwest withone-stop access to address technology and business operations issues."
Ken Meister, Chief Operating Officer of Evanston Capital Management, an investment manager with $4.2Billion under management added, "We have engaged both firms extensively to improve the operational efficiencies of our business, as we continually strive to enhance the operational and technological capabilities of our firm. The union of Gravitas and Apogeeis welcome news and a natural fit as we have found them both to be excellent partners in helping us propel our firm forward."
About Gravitas, LLC
Gravitas is a leading co-sourcing platform for business consulting, technology, risk and research to the alternative investment and financial services industries. Founded in 1996, the company provides business consulting services, systems integration and support, risk analysis, investment research support, and software development to hedge funds, private equity funds, brokerage firms, investment banks, traditional asset management firms, and small and medium sized financial services firms. Gravitas enables ‘client freedom’ by designing and implementing creative solutionsthat give clients the operational freedom to invest, innovate, and scale. The company is based in New York with offices in Chicago, Greenwich, Connecticut, Mumbai and Ahmedabad, India. www.gravitas.co
About Apogee Strategies LLC
Apogee Strategies LLC, formed in 2000, is an information systems resource offering advanced technical and development solutions in information technology, systems and software for business. Apogee builds collaborative partnerships with clients to provide comprehensive, leading edge information systems and services. Apogee’s services are based on our four value pillars: Expand Knowledge; Improve Efficiency; Increase Effectiveness; and Reduce Technology Program Costs. Apogee delivers the Virtual Office suite of integrated services to clients from our private cloud, often combined with remote and onsite support services delivered by Apogee’s team of support technicians and engineers. Apogee clients choose Apogee because of the quality of our team, our reputation for superior customer service and our ability to understand the unique needs of their particular industries and businesses. www.apogeestrategies.com