Press release
Circulate Capital Chooses SS&C for Fund Administration
Leading ESG investor Circulate Capital appoints SS&C as fund administrator to advance environmental impact Goals WINDSOR, Conn., March 5, 2024 /PRNewswire/ --
About this update from Ss&c Technologies Holdings, Inc.
[{"type":"text","content":"Leading ESG investor Circulate Capital appoints SS&C as fund administrator to advance environmental impact Goals\nWINDSOR, Conn., March 5, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced its latest collaboration with Circulate Capital, a leading circular economy investment management firm in high-growth markets. SS&C GlobeOp will serve as the official fund administrator for Circulate Capital's Singapore-based variable capital company (VCC) fund and its Luxembourg feeder fund and provide anti-money laundering support.\n\n \n \n \n \n \n \n\n \n\"As an impact investment firm managing multiple funds with many diverse institutional partners, we were looking for a provider with extensive experience administering complex fund structures,\" said Regula Schegg, Founding Partner of Circulate Capital. \"SS&C's extensive expertise in the industry, global reach, and dedicated team will help us ensure our operations are in the best shape to attract more institutional capital and expand our footprint.\"\nSince its inception in 2018, Circulate Capital has been at the forefront of advancing the circular economy, fighting climate change, and preventing the flow of plastic waste into the ocean in high-growth markets. The firm has invested in 16 companies, which have already kept over 260,000 tons of plastic waste in circulation and prevented close to 400,000 tons of GHG emissions. Because Circulate Capital's investor base recently expanded to include several Development Finance Institutions, the firm sought a service provider with deep expertise and flexibility to support various complex reporting requirements.\n\"We are pleased to work with Circulate Capital at this exciting growth stage,\" said Ian Kelly, Managing Director, SS&C GlobeOp. \"As fund structures in private markets become increasingly complex, SS&C is dedicated to ensuring we can deliver flexible, comprehensive solutions to help our clients operate. We look forward to working with Circulate Capital to help it meet the demand for innovative ESG investment opportunities worldwide.\"\nLearn more about SS&C's private market solutions here.\nAbout Circulate Capital\nCirculate Capital is a leading circular economy investment management firm in high-growth markets – with activities and teams in 10+ countries. Partnering with global brands and financial ...