Claymore Capital Partners, a Cincinnati, Ohio-based investment advisor, has selected SS&C as the administrator for its new private equity fund-of-funds, Claymore Capital Partners Fund I.
Claymore will use SS&C’s full range of administration services, including fund accounting, investor services, reporting and analytics. Rob Neu, Managing Partner and 35-year industry veteran, launched the Claymore Capital Partners Fund I late last year to provide cost-efficient access to a diversified private equity portfolio in a single investment vehicle.
“We were looking for a technology partner with the know-how to help funds of all sizes,” says Rob Neu. “SS&C’s extensive expertise in the private equity market, coupled with its high-touch boutique service approach, ensures we will have excellent support as the business grows.”
“We are excited to be part of Claymore Capital’s new private equity fund-of-funds launch,” says Joe Patellaro, Managing Director, SS&C GlobeOp Private Markets. “We have a long history of supporting first-time fund launches and look forward to working with Rob to forge a strong foundation for growth.”