SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced US Agriculture has hired SS&C GlobeOp to provide administration for its new core real estate strategy. US Agriculture selected SS&C GlobeOp to improve its ability to attract and retain its large institutional investors.
"Working with SS&C has been critical in the launch of US Agriculture's new core farmland strategy. Their partnership has allowed us to focus on investment strategy and client acquisition," said Anatole Pevnev, Managing Director, US Agriculture. "By leveraging the power of SS&C's independent administration services and technology, we are realizing our mission to make agriculture investment accessible and attractive to institutional investors."
Founded in 2015, US Agriculture offers investors a unique combination of extensive institutional investment experience along with a broad and deep array of agricultural experience and knowledge. Investors include US public pension plans and other large institutional investors. US Agriculture's core farmland strategy will invest in long-term diversified investments in annual row-crop farmland throughout the United States on behalf of its investors. SS&C will provide a comprehensive and fully-integrated process including fund administration and investor reporting.
"SS&C is thrilled to partner with US Agriculture on the launch of their new core farmland strategy. As an established investor with expertise in US farmland, US Agriculture is a good example of the increasing demand more generally for natural resource investments," said Bhagesh Malde, Managing Director & Global Head for SS&C GlobeOp's Real Assets division. "Being selected by US Agriculture exemplifies SS&C Real Assets strength in servicing our clients regardless of size, structure or strategy."
Formed earlier this year, SS&C GlobeOp's Real Assets business, services tangible assets including: real estate, infrastructure, agricultural land, oil, and commodities. Outsourcing the accounting services and technology in these businesses is on the rise. SS&C is uniquely positioned to deliver fund administration services as well as cloud-based, fund services technology, and commercial and residential property management and accounting.
About SS&C Technologies
SS&C is a global provider of investment and financial software-enabled services and software for the global financial services industry. Founded in 1986, SS&C is headquartered in Windsor, Connecticutand has offices around the world. Some 11,000 financial services organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services.