Hudson Bay Capital Management has tapped SS&C GlobeOp to be its fund administrator, which is in addition to the multi-strategy investment firm’s usage of trade operations and investor support solutions from SS&C Technologies, officials say. Hudson Bay, which is headquartered in Greenwich, Conn., picked SS&C “after a thorough evaluation process,” according to the official announcement…. Read More >>
FinTech Brief: DTCC’s AIP Services Gains Funds & Clients
DTCC officials have announced a milestone for its Alternative Investment Product Services (AIP), which has had a 20 percent increase in the number of funds to 10,000-plus unique funds. In addition, the number of AIP clients has risen to more than 2,200, an increase of 28 percent. These increases occurred over the past year. The… Read More >>
The SEC Wants More Reporting via Form PF
A regulatory change of importance got lost in the avalanche of news that we deal with every day — the SEC is adopting amendments to Form PF, the confidential reporting form launched 12 years ago for hedge funds and private equity funds. “Currently, advisers to private funds file Form PF on a quarterly or annual… Read More >>
Virtus Partners Puts SunGard Wares at the Core of New Service
Service provider Virtus Partners recently launched a hedge fund administration service that uses SunGard’s VPM and Hedge360 solutions, a development Vsays is the result of opportunities created by a shake-up in the fund administration space. Virtus Partners provides fixed-income collateral administrative services and data on structured and non-structured transactions for a variety of investment vehicles,… Read More >>
