Under Jay’s leadership the business grew from $3 billion in Assets under Administration to $150 billion. Jay left SS&C in 2015 and has partnered with Mainstream to buildout his team’s current offering, which is an evolution of Jay’s success over the past 25 years. He has developed a deep pipeline of business feeders throughout his career, and works closely with the industry’s best audit, consultant, and legal teams. Clients have full access to all historical valuations data, tolerance/breach reporting, and supporting documentation through our centralized pricing warehouse. A confluence of factors is expanding access, bringing more investors and injecting additional liquidity to private markets.
When you choose BNY Mellon for fund administration, you and your investors can enjoy peace of mind in the knowledge that you have a safe and secure partner2 with a truly global outlook. With the full power of BNY Mellon, a leading global custodian with over $1 trillion in alternative assets under custody, management and administration at your disposal, there is no better partner to help you keep your assets safe and run your fund efficiently. A hedge fund manager is firm or an individual who manages, makes investment decisions, and oversees the operations of a hedge fund. Managing a hedge fund can be an attractive career option because of its potential to be extremely lucrative.
Investor relations
James then helped build out SS&C’s Los Angeles based PE team before joining Ultra Capital, a newly established project finance and asset management company specializing in renewable energy and sustainable infrastructure as the VP of Finance. He joined Mainstream in 2018 as part of the Group’s expansion into closed-end fund services. Legacy fund administration forces managers to make decisions based upon unreliable and incomplete information.
Eligibility for particular products and services will be determined by JPMorgan Chase Bank, N.A. Access topical regulatory insights to help inform investment decisions, operations and outcomes. Stay on top of the latest regulations impacting your business with relevant thought leadership and insights. Address your data challenges and drive operational efficiencies with Fusion by J.P.
Hybrid funds
For hybrid funds, we offer a range of services to support the fund’s launch and ongoing operation, including fund accounting, investor services, and customised reporting solutions. With a broad array of integrated solutions that span investment strategies, fund structures, asset types and geographies, J.P. Morgan Securities Services delivers the expertise, scale and capabilities to help our clients protect and grow their assets, optimize efficiency and maximize opportunities in diverse, global markets. Hedge fund managers can use multiple strategies to maximize returns for their firms and clients. The idea is to invest in tandem with a large share or sizable position in markets that are dealing with predicting global macroeconomic trends. This type of strategy used by hedge fund managers gives them the necessary flexibility they need, but the strategy is heavily dependent on excellent timing.
By utilizing shared technology, we’ve embedded transparency into our operating model, enabling us to work with our clients together in real-time, identifying and resolving issues faster. HedgeServ benefits from a unique, constant feedback loop with our clients, whose ideas drive our constant efforts to evolve and enhance our capabilities and tools. The BNP Paribas integrated bank model Hedge Fund Administration Services allows us to offer clients a complete hedge fund outsourcing solution – from core fund administration, through to depositary, custody, cash, FX, financing and prime brokerage solutions. SS&C delivers broad asset class coverage for the most complex investment strategies, full transparency and regulatory support with solutions for accounting, tax, treasury and investor services.
Our Hedge Fund Solutions
Examples of this include mergers and acquisitions, bankruptcies and shareholder buyback initiatives. Managers working on this strategy are capitalizing on any market inconsistencies, similar to using a value investing approach. Hedge fund managers usually go this route because of the vast resources they have behind them. James began his fund accounting career with Saints Venture Capital before joining Babcock & Brown’s private equity group (who later spun out to form SteelRiver Infrastructure Partners).
- This includes subscription and redemption processing, with capital call and distribution support, on a proprietary platform that manages both workflow and documentation to provide consolidated status reporting to managers.
- His webpage (together with the documents referred to on it) outlines the terms of use (the “Terms”) on which you may make use of our website (the “Site”).
- HedgeServ provides world-class training programs, challenging roles, and motivating career paths, resulting in industry-low turnover rates.
- And subject to regulation by the Financial Conduct Authority and to limited regulation by the Prudential Regulation Authority, as well as the regulations of the countries in which it or its affiliates undertake activities.
- HedgeServ helps managers to understand the drivers of their performance and portfolio risk through a customizable suite of trader and factor-based risk analytics.
- That’s why at Citco, we provide customized solutions that are designed to fit your unique organizations, investments, and goals.
With an exceptional team of fund accounting experts, SS&C brings the industry’s leading technology and delivers service for any new structure, asset class or regulation, giving you the speed and agility to capitalize on new opportunities. Partner with a long-standing provider for funds across Europe, with over 30 years experience delivering oversight excellence, technical expertise and tailored solutions to our clients. The structure of our depositary function is a combination of local senior managers and a global operations hub to offer scale, local influence and outstanding client service.
J.P. Morgan is a marketing name for the Securities Services businesses of JPMorgan Chase Bank, N.A. Industry insights https://quickbooks-payroll.org/ at-a-glance on the future of finance from voices at the heart of today’s most important financial topics.
Our dedicated tax team is comprised of experienced tax professionals with strong asset management backgrounds, sourced primarily from the Big Four and Hedge Fund experience. Together, they have crafted a close working relationship with a wide range of the world’s leading audit and tax firms. Operating on a unique single database model and using dynamic reporting tools, our people have a proven ability to handle complex client requirements and short notice requests. HedgeServ’s proprietary investor services system models each fund’s and investor’s unique attributes, terms, and conditions in security master-like detail.
Insights
A high watermark policy specifies that the fund manager will only be paid a percentage of the profits if the fund’s net value exceeds its previous highest value. This precludes the fund manager from being paid large sums for poor performance and ensures that any losses must be made up before performance fees are paid out. By challenging the status quo with a new approach, we solved for how to treat each client uniquely, without sacrificing controls, and how to keep our solutions relevant in the face of constant change.
- Managers of funds often choose to outsource some or all of these activities to external specialist companies, such as the fund’s custodian bank or transfer agent.
- HedgeServ clients never hear “not my department” or “company policy” as a response to their accounting queries.
- Supporting straight-through order processing alongside leading fund administration capabilities.
- “Two” means 2% of assets under management (AUM), and refers to the annual management fee charged by the hedge fund for managing assets.
