In this role, Jacobs will be responsible for growing SS&C’s fund administration business for hedge, private equity and funds of funds. He joins SS&C from Fulcrum Fund Services where he served as Managing Director and lead business development, marketing and new client boarding divisions.
Previously, he served as a Senior Vice President at PFPC for over ten years in multiple executive positions. Before joining PFPC, Jacobs was responsible for marketing investment management services and trust products in Latin America for the international private client division of Bank of America, in Los Angeles, and also worked for extended periods as an international trade banker in the U.S., Europe and Asia, according to the announcement.
“SS&C Fund Services has experienced considerable growth over the past few years and we are now one of the leading administrators. Given the current market conditions, we need strong global leadership in sales as there are fewer opportunities,” said Bill Stone. “I am confident that Fred has the right mix of experience and strategic thinking to help us gain further market share.”
Windsor, Connecticut-based SS&C says that it delivers investment and financial management services and software focused exclusively on the financial services industry, and that by leveraging expertise in common investment business functions, SS&C cost effectively serves clients in the different industry segments, including: 1) insurance entities and pension funds, 2) institutional asset management, 3) hedge funds and family offices, 4) treasury, banks and credit unions 5) municipal finance, 6) real estate property management, 7) commercial lending and 8) financial markets.
Additional information is available atwww.ssctech.com.