LendInvest has selected SS&C Technologies GlobeOp service for fund administration services for its existing open-ended fund.
Alongside fund administration and accounting services, SS&C GlobeOp will support LendInvest with services such as e-Investor, corporate secretary and automatic exchange of information agreements.
Matthew Kay, director of fund services at LendInvest, said: "Our growth strategy demands a flexible offering that can support a wide range of fund and investment types. Moreover, SS&C's expertise in the credit market ensures we have a strong partner for our expanding business."
Ian Holden, managing director, Europe, Middle East and Africa hedge fund services at SS&C Technologies, added: "We are excited to support LendInvest in its ongoing expansion in the European real estate lending market.”
Last month, Itaú USA Asset Management, the US investment management arm of Itaú Unibanco, Brazil's largest non-government bank, selected SS&C GlobeOp as its fund administrator.
