WINDSOR, Connecticut., 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 operations with SS&C’s front-to-back office solution. SS&C will provide state-of-the-art fund administration, custom middle-office solutions, FIX connectivity, hosting and order and fulfillment 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 Naples, COO. “SS&C’s best-in-class fund administration, fully integrated with advanced order execution and management systems, creates a powerful infrastructure to build on. “
Hurricane Capital’s separate accounts platform enables experienced managers to invest across diverse industries, asset classes and geographies at an elite institutional level. The platform also allows managers greater control over the assets of a separate portfolio, with risk parameters specific to their strategies. “We wanted to create an environment that would allow leading managers to access global markets with the best systems, technologies and support available, and our partnership with SS&C allowed us to do that,” Napoli explains.
“To support a growth strategy, funds need the infrastructure and expertise to effectively launch, manage and scale their operations,” said Bill Pierre, Chairman and CEO of SS&C Technologies. “SS&C is dedicated to supporting fund launches with flexible front-to-back technology and services. Our clients can focus on growing their business while we take care of the rest.
Hurricane Capital plans to have ten portfolio managers on the platform by July. The Hurricane Capital team is led by Adam wolfberg, Ian goodman, and Chris Naples, who collectively bring more than 50 years of investment platform experience to the initiative. Mr. Wolfberg and Mr. Goodman both started their careers as portfolio managers at SAC Capital and both have created successful hedge fund companies. Mr. Napoli brings experience in specialized international financing and negotiation expertise in emerging and developed countries. Asia, Pan Europe, as well as global and national synthetics. Ken grant, former CRO at SAC Capital, Tudor and the Chicago Mercantile Exchange, will closely advise Hurricane Capital and be responsible for the risk management of the platform. Industry veteran Matt DeSalvo joins Hurricane Capital after serving as Head of US Equities at Mizuho Securities, after 30 years as Managing Director between Morgan Stanley and Credit Suisse, serving 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 wide range of investment strategies across industry sectors, asset classes and geographies. Our primary strategies include Global Fundamental Equities, Relative Equity Value and Global Equity Opportunities. The Hurricane proprietary managed account platform offers active portfolio management, superior risk management and better control of assets. Hurricane was founded on the spirit of collaboration, innovative management style, the empowerment of talent and the support of entrepreneurial portfolio managers. For 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 healthcare and financial services organizations, from the world’s largest companies to small and medium-sized businesses, trust SS&C with its expertise, scale and technology.
Additional information on SS&C (Nasdaq: SSNC) can be found at www.ssctech.com.