SS&C combines fund admin and servicing businesses

SS&C has appointed Bhagesh Malde to lead its newly combined global fund administration and servicing business. The new group will continue to operate as SS&C GlobeOp and brings together SS&C’s hedge fund administration, private markets administration, middle office, and insurance global servicing capabilities. Services also include middle- and back-office outsourcing and loan servicing. Malde will report to Rahul Kanwar, president and COO. SS&C GlobeOp is the largest alternatives fund administrator, with more than USD2.23trn AuA. Malde has been leading SS&C GlobeOp Private Markets since 2017. Before joining SS&C, he was global head of the private equity and real estate business at State Street.

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