WINDSOR,
Conn., Feb. 23, 2025 /PRNewswire/
-- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today
announced that Arrowpoint Investment Partners, Singapore's new multi-strategy hedge fund
investment firm, has selected SS&C GlobeOp to administer its
flagship $1 billion multi-strategy
fund. The fund currently leverages 18 portfolio managers in
Hong Kong and Singapore across various strategies.
"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 Asia operations. Rather than managing trading
teams as separate entities, Arrowpoint integrates its fundamental
and quant strategies across equities, fixed income and commodities
to gain more precise control over performance. The firm focuses on
investments in Asia.
"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
Asia-focused, multi-strategy
platform. Learn more at https://arrowpointfund.com/
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. More than
22,000 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.
Additional information about SS&C (Nasdaq: SSNC) is
available at www.ssctech.com.
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SOURCE SS&C
