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Alternative Market Briefing

Carrara Capital chooses SS&C for inaugural hedge fund launch

Wednesday, October 26, 2022

Laxman Pai, Opalesque Asia:

David Sokulsky, managing director and CIO of Australia's specialist alternatives manager Carrara Capital, has recently won seed capital from several family offices and individuals for a new global multi-strategy hedge fund.

The former CIO of Crestone Wealth Management and the team has recently launched a new global multi-strategy hedge fund that will invest across a range of global markets and attempt to replicate the successes of international managers like Millennium and Balyasny.

Carrara Capital will use SS&C GlobeOp's extensive suite of hedge fund services, including fund administration, investor services (including AML), Australia tax management, and FATCA/CRS Reporting. SS&C's local team will oversee services for the Carrara Global Opportunities Fund.

The fund aims to generate consistent risk-adjusted returns investing across currencies, fixed income, global equities, credit, and private opportunities.

"We were looking for a top-tier global provider who could deliver a complete servicing solution to support our new fund," said David Sokulsky, founder and CIO of Carrara Capital. "SS&C impressed us with knowledge of issues specific to Australian managers, its extensive capabilities, global expertise, and hands-on support."

"We are pleased to work with Carrara Capital to support operations of the Global Opportunities Fund," said Ken Fullerton, Global Head of Hedge Fund Administration. "We are committed to support......................

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