Global financial services company Citi has launched an operating model for hedge funds structured to help managers set up and manage such funds successfully without too much investment in non-core functions. Citi Prime Finance’s Hedge Fund 3.0 chalks out a new outsourcing and partnership structure for hedge funds.

This new model is intended to help increase the efficiency of the funds’ support functions and infrastructure thereby enabling them to concentrate on their core processes – marketing, investor relations and investment management. Hedge Fund 3.0 helps fund managers control an array of processes with a smaller workforce and a less unwieldy technology model.

Click here for the release from Business Wire.