Arrowpoint Investment Partners Partners with SS&C Technologies for Fund Management
In a significant development in the investment management landscape, Arrowpoint Investment Partners has chosen SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) to oversee its flagship multi-strategy hedge fund, valued at an impressive $1 billion. This collaboration aims to streamline the management of various investment strategies through advanced technology and expertise, ensuring high-quality risk-adjusted returns for investors.
Founded by Jonathan Xiong, the former co-CEO of Millennium's Asia division, Arrowpoint Investment Partners has established itself as a new and innovative investment firm based in Singapore. The company's focus on multi-strategy hedge funds leverages a diverse range of investment approaches designed to enhance performance and control. Arrowpoint's strategy integrates both fundamental and quantitative methodologies across equities, fixed income, and commodities, enabling more precise performance monitoring and management.
With the increasing complexity of the hedge fund market, it comes as no surprise that Arrowpoint identified a strong need for a partner with extensive experience across multiple asset classes. Woon Young Jeong, COO of Arrowpoint, acknowledged this necessity by stating, "Our philosophy is to integrate diverse strategies in our teams by leveraging technology to generate consistent, quality, risk-adjusted returns. We needed a manager deeply familiar with complex fee structures and reporting requirements for multi-manager vehicles. Thanks to their advanced technology and professional support team, SS&C is the ideal partner for us."
In response to this strategic partnership, Michael Li, General Manager and Head of SSC GlobeOp in the Asia Pacific region, expressed enthusiasm about collaborating with Arrowpoint. He emphasized the growing appeal of multi-strategy vehicles to investors and the complexities involved in managing these assets, saying, "Management of these vehicles can become complex with multiple asset classes and reporting requirements. We look forward to working with Arrowpoint to alleviate that operational burden, allowing their team to focus on what they do best—investing."
The SS&C GlobeOp platform will support Arrowpoint's multi-strategy fund by providing sophisticated reporting capabilities and operational oversight, which are critical for ensuring compliance with the diverse strategies being utilized. As hedge funds evolve in response to changing market conditions, partnerships like this signify an increasing recognition of the value that technology-driven solutions add to investment management.
Arrowpoint's vision is to build a differentiated, Asia-focused multi-strategy platform, which will be substantially supported by SS&C’s expertise. With over 22,000 organizations relying on SS&C for their financial and healthcare services needs, the collaboration exemplifies confidence in the firm's capabilities to deliver top-tier investment management solutions.
For more information about Arrowpoint Investment Partners and SS&C Technologies, you can visit their respective websites: Arrowpoint at
arrowpointfund.com and SS&C at
ssctech.com. This partnership represents a promising step forward in the realm of hedge fund management, showcasing a commitment to innovation and excellence.
Together, Arrowpoint and SS&C are positioned to set new standards by harnessing the power of technology and strategic management in a competitive investment landscape.