Wexford Capital Outsources to SS&C GlobeOp

Connecticut-based Wexford Capital has expanded its relationship with SS&C GlobeOp to provide a suite of middle- and back-office services, regulatory reporting and investor solutions for Wexford’s private equity funds and hedge funds.
By Jake Safane(2147484770)
Connecticut-based Wexford Capital has expanded its relationship with SS&C GlobeOp to provide a suite of middle- and back-office services, regulatory reporting and investor solutions for Wexford’s private equity funds and hedge funds.

Wexford, which manages over $4 billion in assets, has used SS&C GlobeOp back-office services to support Wexford’s hedge funds in the past, and now, Wexford will use SS&C as an outsourced operational, middle- and back-office provider and fund administrator. As a result of the outsourcing, SS&C will hire several Wexford employees to help service the funds.

“We conducted an extensive due diligence process over several months and were impressed with the commitment of SS&C to the business and their technology platform and expertise,” says Joseph Jacobs, president, Wexford Capital. “We believe that the extension of our strategic partnership will bring us greater operational leverage and scale.”

Both Wexford and SS&C declined to comment further on the partnership.

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