Dubai-based venture capital fund manager VentureSouq has selected SS&C GlobeOp as the fund administrator for its fintech range of funds.
The mandate includes two funds, one management company and four co-investment vehicles.
VentureSouq will look to SS&C GlobeOp’s private markets fund services, which include fund administration, treasury, investor services, process workflow and accounting services.
Additional services include an automated payment system, a simplified investor notices process and an audit trail of reporting deliverables.
“As a thematic investor with a global portfolio, we were looking for a provider with a global presence and the ability to provide a single point of contact regardless of jurisdiction,” said Suneel Gokhale, co-founder and general partner at VentureSouq, when explaining the choice of SS&C.
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