Diversified Trust chooses SS&C to administer private equity funds of funds


WINDSOR, Conn., May 24, 2021 / PRNewswire / – SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Diversified Trust, a leading wealth management company $ 7.5 billion in assets under management, has chosen SS&C as fund administrator for its private equity fund of funds platform.

SS&C will provide private equity administration, portfolio advisory reports, tax services, treasury support services and investor AML / know-your-client compliance. Diversified Trust also uses SS&C Black Diamond for its wealth management business and SS&C Intralinks for its investor portal. SS&C’s private fund administration solution improves consistency across platforms and a streamlined process for tracking investor and stakeholder information, ultimately simplifying private equity reporting for its retail clients.

“Diversified Trust sought a partner with expertise in fund of fund structures with integrated technology solutions, including document management and client reporting, and offered visibility into the data,” said Doug Turner, Director and COO of Diversified Trust. “SS&C’s comprehensive offering dramatically improves fund accounting and reporting exceeding our clients’ information and communication requirements on a single, easy-to-use platform, so we can focus on helping our clients in decision-making.

“We are very pleased to extend SS&C’s relationship with Diversified Trust to now include the administration of their private investor focused private equity fund,” said Joe patellaro, General manager, SS&C Private equity fund services. “Our extensive experience in serving the private equity segment, fund of funds and the retail investor space in particular has enabled us to develop a service model specifically tailored to this growing segment of the private equity market.”

About Diversified Trust Company

Diversified Trust is an employee-owned, comprehensive wealth management company based in the South East with over $ 7.5 billion client assets under management. Our clients include individuals, multigenerational families, foundations, endowments, pension plans and family businesses.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 18,000 financial services and healthcare organizations, from the world’s largest companies to small and medium-sized businesses, trust SS&C for its expertise, size and technology.

Additional information on SS&C (Nasdaq: SSNC) can be found at www.ssctech.com.

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