SS&C hires Shepro to head private capital business unit

HandshakeSS&C Technologies Holdings, a provider of financial services software, has appointed Bob Shepro as senior vice president to head up a new business unit.

The SS&C Private Capital Business Unit will focus on meeting the needs of the private capital market, and will support family offices, foundations and endowments. It will draw on SS&C’s products and services to offer customised solutions, addressing the demands of this market globally.

“We are committed to addressing a gap in the private capital market," says Bill Stone, chairman and chief executive officer, SS&C Technologies, adding benefits that the unit will provide include greater levels of control, efficiency and cost reduction.

In leading the private capital business unit, Shepro will report to Rahul Kanwar, senior vice president and global head of alternative assets.

Shepro rejoins SS&C where he previously headed product strategy in the late 1990s after SS&C's acquisition of his company Shepro Braun Systems. Most recently, he was a managing partner of the consultancy Windward Advisory Group.

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