WINDSOR, Conn., June 7, 2021 /PRNewswire/ -- SS&C
Technologies Holdings, Inc. (Nasdaq: SSNC) today announced
that Hurricane Capital Advisors (Hurricane Capital), a global
alternative investment management platform, has launched its
operations with SS&C's front-to-back office solution. SS&C
will provide fund administration, customized middle-office
solutions, FIX connectivity, hosting and state-of-the-art order and
execution management systems.
"We wanted to launch our operations with a technology partner to
support the complex demands of a global multi-manager strategy on a
single adaptable platform," said Chris
Napoli, COO. "SS&C's best-in-class fund administration,
seamlessly integrated with advanced execution and order management
systems, creates a powerful infrastructure to lean on."
Hurricane Capital's segregated account platform allows
experienced managers to invest in various sectors, asset classes,
and geographies at an elite institutional level. The platform also
allows managers the superior asset control of a segregated
portfolio, with risk parameters unique to their strategies. "We
wanted to create an environment that would allow premier managers
to access global markets with the best systems, technology, and
support available, and our partnership with SS&C has allowed us
to do just that," Napoli explains.
"To support a growth strategy, funds need the infrastructure and
expertise to launch, run and scale their operations efficiently,"
said Bill Stone, Chairman and CEO of
SS&C Technologies. "SS&C is dedicated to supporting fund
launches with flexible front-to-back technology and services. Our
customers can focus on growing their business while we take care of
the rest."
Hurricane Capital expects to carry ten portfolio managers on the
platform by July. The Hurricane Capital team is led by Adam Wolfberg, Ian
Goodman, and Chris Napoli,
who, collectively, bring more than 50 years of investment platform
experience to the initiative. Mr. Wolfberg and Mr. Goodman
both began their careers as portfolio managers at S.A.C. Capital,
and both went on to create successful hedge fund enterprises. Mr.
Napoli brings experience in specialty international financing and
dealing expertise throughout emerging and developed Asia, Pan Europe, as well as global and
domestic synthetics. Ken Grant,
former CRO at S.A.C. Capital, Tudor, and the Chicago Mercantile
Exchange, will closely advise Hurricane Capital and be responsible
for platform risk management. Industry veteran Matt DeSalvo joins Hurricane Capital from his
role as head of U.S. Equities at Mizuho Securities, after 30 years
as Managing Director between Morgan Stanley and Credit Suisse, to
serve as executive director and head of portfolio services.
About Hurricane Capital
Hurricane Capital is a global alternative investment management
platform. Hurricane seeks to pursue a diverse array of investment
strategies across industry sectors, asset classes, and geographies.
Our primary strategies include Global Fundamental Equity, Equity
Relative Value, and Global Equity opportunities. The Hurricane
proprietary managed account platform provides active portfolio
management, superior risk management, and delivers greater asset
control. Hurricane was founded on the collaborative spirit,
innovative management style, empowering talent, and support of
entrepreneurial portfolio managers. To us, success is the
intersection of preparation and opportunity.
About SS&C Technologies
SS&C is a global provider of services and software for the
financial services and healthcare industries. Founded in 1986,
SS&C is headquartered in Windsor,
Connecticut, and has offices around the world. Some 18,000
financial services and healthcare organizations, from the world's
largest companies to small and mid-market firms, rely on SS&C
for expertise, scale and technology.
SOURCE: SS&C
Additional information about SS&C (Nasdaq: SSNC) is
available at www.ssctech.com.
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