Canada’s SeaFort Capital picks SS&C for fund administration
04 November 2021 Canada
Image: Bob
SeaFort Capital, a Nova Scotia-based private equity firm, has selected SS&C’s Technology Holdings fund administration solution to support its fund operations.
As part of the partnership, SS&C will provide SeaFort Capital with fund administration, reporting, investor and tax services.
In addition, SS&C’s InvestorVision LP Portal will be used to share fund data with limited partners.
The firm recently launched its SeaFort Capital Fund II with a target fund size of US$160 million and $110 million in initial committed capital.
The new fund will invest in Canadian lower-mid-market core industrial and business services sectors.
Rob Normandeau, managing partner and president of SeaFort Capital, says: “SS&C’s platform is adaptable, secure and supported by extensive expertise, and we are excited to leverage this partnership as our business grows.”
Henry Toy, managing director, SS&C Canada, comments: “We are excited to support SeaFort in their mission to invest in growing Canadian businesses. SS&C administers $100 billion in assets in Canada. We’ve achieved this milestone by delivering top-notch customer service, innovative technology, risk controls and security to investment firms so our clients can focus on investing.”
As part of the partnership, SS&C will provide SeaFort Capital with fund administration, reporting, investor and tax services.
In addition, SS&C’s InvestorVision LP Portal will be used to share fund data with limited partners.
The firm recently launched its SeaFort Capital Fund II with a target fund size of US$160 million and $110 million in initial committed capital.
The new fund will invest in Canadian lower-mid-market core industrial and business services sectors.
Rob Normandeau, managing partner and president of SeaFort Capital, says: “SS&C’s platform is adaptable, secure and supported by extensive expertise, and we are excited to leverage this partnership as our business grows.”
Henry Toy, managing director, SS&C Canada, comments: “We are excited to support SeaFort in their mission to invest in growing Canadian businesses. SS&C administers $100 billion in assets in Canada. We’ve achieved this milestone by delivering top-notch customer service, innovative technology, risk controls and security to investment firms so our clients can focus on investing.”
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