SS&C GlobeOp Forms New Group To Support Hybrid Fund Structures

Mar 5 2015 | 12:19pm ET

Fund administration firm SS&C GlobeOp has launched a separate group to address the needs of funds that have hybrid structures. 

According to the company, traditionally separate asset classes have continued to converge within the same fund structures, leading to the need for unique capabilities that can accommodate such complex, non-standard funds. 

For instance, asset managers increasingly have private investments as part of a hedge fund strategy, a fund-of-fund approach to private equity, a reliance on SMAs, or need integrated systems able to consolidate complex accounting, reporting and administration tasks for vehicles that contain both hedge fund and private-equity style funds.

The new group will be made up of SS&C experts and will be led by George Schell, VP of SS&C’s hybrid fund services group. The team will be responsible for setting up automated workflows, providing expertise in structuring, consulting, and facilitating onboarding of these funds.

Publicly traded SS&C, based in Windsor, CT, services some 6,900 financial services organizations representing more than $26 trillion in assets under management.


In Depth

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...