Arrowpoint Investment Partners Chooses SS&C for Fund Administration
Rhea-AI Summary
SS&C Technologies Holdings (Nasdaq: SSNC) has been selected by Arrowpoint Investment Partners, Singapore's new multi-strategy hedge fund firm, to administer its flagship $1 billion multi-strategy fund. The fund operates with 18 portfolio managers across Hong Kong and Singapore, implementing various investment strategies.
Arrowpoint, founded by Jonathan Xiong, former co-CEO of Millennium's Asia operations, integrates fundamental and quant strategies across equities, fixed income, and commodities. The firm focuses on Asian investments and aims to generate consistent, high-quality, risk-adjusted returns through technology integration.
SS&C GlobeOp was chosen for its expertise in handling multiple asset classes, complex fee structures, and managing reporting requirements for multi-manager vehicles.
Positive
- Secured administration contract for a significant $1 billion multi-strategy fund
- Expanded presence in Asian market through partnership with major regional hedge fund
- Demonstrates capability to handle complex multi-strategy fund administration
Negative
- None.
News Market Reaction – SSNC
In the trading session that priced this news, SSNC gained 0.06%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
"Our philosophy is to integrate multiple strategies across our teams by leveraging technology to generate consistent, high-quality, risk-adjusted returns," said Woon Young Jeong, Chief Operating Officer of Arrowpoint. "We needed an administrator who was deeply familiar with multiple asset classes, complex fee structures, and managing reporting requirements for investors of multi-manager vehicles. SS&C's cutting-edge technology and professional and knowledgeable support team make it an ideal partner to service our fund."
Arrowpoint was founded by Jonathan Xiong, the former co-CEO of Millennium's
"We are pleased to work with Arrowpoint Investment Partners as they grow their innovative fund," said Michael Li, Managing Director, Head of SS&C GlobeOp, APAC. "As the hedge fund market evolves, multi-strategy vehicles attract much investor interest. These vehicles can be complex to manage, as multiple asset classes, fee structures and reporting requirements are involved. We look forward to working with Arrowpoint to alleviate those operational stresses so the team can focus on investing."
Learn more about SS&C's multi-manager fund solutions here.
About Arrowpoint Investment Partners
Arrowpoint is an investment firm building a differentiated
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
Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
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SOURCE SS&C