New London hedge fund picks Advent Software solution
Carrhae Capital LLP, which launched the Carrhae Capital Master Fund in December 2011, has picked Advent Software as its hedge fund software supplier.
Advent’s solution offers real-time dashboards, P&L reports, cash position and transaction reconciliation, and synthetic equity asset class coverage. It is based on the ‘Geneva’ portfolio management and accounting platform.
Carrhae Capital said it also picked the solution because of its ability to scale up as its hedge fund business grows.
Adrian Headon, COO, said: “We chose Advent for the strength of its technology infrastructure, its reputation in the UK hedge fund market and its integration to all the main counterparties, as the most efficient system to help us accelerate our ability to grow our firm. We are confident that Advent will help us scale and continually meet the requirements of the most demanding institutional investors.”