Grosvenor Street Capital has signed Financial Tradeware’s software solution to support its new hedge fund.
Grosvenor Street Capital is a global equities long/short hedge fund founded earlier this year by Paul Warren and partners, a team of investment managers, based in London.
“There is no doubt that good performance is key for hedge fund success. However, it is widely recognised that many start-ups fail because they have not implemented a reliable, integrated IT solution that is designed to support their business,” comments Paul Warren, managing director of Grosvenor Street Capital. “We were very clear that we would do a thorough job of identifying the right IT infrastructure to support our business before going to market.”
Grosvenor Street Capital launched its hedge fund on December 1, 2005.