Maverix Private Equity Chooses SS&C for Inaugural Fund Launch
04/14/2021 - 09:00 AM
WINDSOR, Conn. , April 14, 2021 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Maverix Private Equity has appointed SS&C GlobeOp as fund administrator for its inaugural growth equity fund.
Maverix will use SS&C GlobeOp's full suite of private capital fund services to support the Maverix Growth Equity Fund, including its fund accounting, investor services, reporting and data analytics. SS&C's Toronto team will oversee services for the fund. Maverix was founded in early 2021 by John Ruffolo and Mark Maybank .
"We aim to build a globally-recognized, industry-leading, Canada -based private equity platform, so we want to partner with the best. SS&C is one of the world's largest private equity administrators," said John Ruffolo , Managing Partner at Maverix. "SS&C's leadership position, combined with its cutting-edge technology, risk controls, cybersecurity and premium customer service will ensure that Maverix can grow its business with speed and agility, and provide top-tier reporting to our investors."
"We are pleased to partner with Maverix as they invest in Canada's growing industries," said Henry Toy , Managing Director, SS&C GlobeOp Canada. "SS&C has a long history of supporting Canada's private equity industry, and we are committed to delivering front-to-back solutions to help our customers grow."
About Maverix Private Equity
Maverix Private Equity is a Toronto-based private equity firm. It is led by an experienced and talented team with the background, network, and track record necessary to successfully execute on an investment strategy of technology-enabled growth and disruption. Maverix is currently investing out of its inaugural fund, the Maverix Growth Equity Fund I, with a USD$500M hard cap. Maverix targets North American companies with rapidly growing revenue and evidence of a profitable business model. Its target cheque size is expected to average USD$50M for meaningful minority positions in portfolio companies.
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 aboutwww.ssctech.com .
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SOURCE SS&C
SS&C Technologies Holdings Inc
SSNC Rankings
#2327 Ranked by Stock Gains
SSNC Stock Data
Industry
Software Publishers
Sector
Information
Tags
Technology Services, Information Technology Services, Information, Software Publishers
Country
US
City
Windsor
About SSNC
ss&c provides the global financial services industry with a broad range of highly specialized software, software enabled-services and software as a service (saas) solutions for operational excellence. ss&c answers the outsourcing needs of the insurance, asset management, reit industries, alternative investments, and other financial service industries by tailoring solutions for their unique needs. these include account administration, asset valuation, compliance processing, data gathering, investment accounting and valuation, performance measurement, reconciliation, regulatory reporting and statement generation. founded in 1986 and listed on nasdaq (nasdaq: ssnc), ss&c has its headquarters in windsor, connecticut and offices around the world. some 10,000 financial services organizations, from the world’s largest institutions to local firms, manage and account for their investments using ss&c's products and services. these clients in the aggregate manage over $44 trillion in assets.
