SS&C GlobeOp has been appointed as fund administrator for Maverix Private Equity’s inaugural growth equity fund.
Toronto-based Maverix will use SS&C GlobeOp’s full suite of private capital fund services to support the Maverix Growth Equity Fund including its fund accounting, investor services, reporting and data analytics.
SS&C’s Toronto team will oversee services for the fund.
Maverix was founded in early 2021 by John Ruffolo and Mark Mayban.
“We aim to build a globally-recognised, industry-leading, Canada-based private equity platform, so we want to partner with the best. SS&C is one of the world’s largest private equity administrators,” affirms John Ruffolo, managing partner at Maverix
Ruffolo adds: “SS&C’s leadership position, combined with its cutting-edge technology, risk controls, cybersecurity and premium customer service will ensure that Maverix can grow its business with speed and agility, and provide top-tier reporting to our investors.”
Henry Toy, managing director, SS&C GlobeOp Canada, comments: “We are pleased to partner with Maverix as they invest in Canada’s growing industries. SS&C has a long history of supporting Canada’s private equity industry, and we are committed to delivering front-to-back solutions to help our customers grow.”
For more on private equity, check out issue 264 of Asset Servicing Times (on 28 April), which will dive into the current trends, opportunities and challenges in this space.
