• Delivers highly configurable, scalable solution
• Flexible integration and client service partnership spur success
Paris, Hong Kong, Boston, New York and London, July 29th, 2019 – Linedata (Euronext Paris: LIN), a global provider of lending and leasing, and asset management technology, data and services, announced that Copper Street Capital LLP, a leading UK-based global alternative investment firm, selected Linedata’s comprehensive portfolio management and compliance solution, Linedata Global Hedge. Implementing Linedata’s solution empowers Copper Street to capitalize on new business opportunities, through access to real-time data, optimized operations and strategic oversight of its investment process.
Flexible technology and a vendor partner who understands your business is more critical than ever as global alternative managers face down the trifecta of demands for performance, transparency and cost management. Copper Street chose Linedata after a rigorous review and will benefit from enhanced oversight, scalability and workflow automation across a range of requirements, including real- time P&L and exposure, fund administrator reconciliation and robust compliance.
“Copper Street Capital drives superior returns for its investors utilising event driven strategies in the global developed financial service sector. Funds can be invested cross asset class in both equities and fixed income instruments, with an ability to be both long and short. Linedata’s comprehensive portfolio management capabilities position us to deliver, with more agile and efficient data and technology operations,” noted Kevin McCormack, Head of Middle Office at Copper Street. “Equally important to us, the Linedata team provides excellent support because they truly understand the demands of our business.”
“To enable critical decision-making, investment managers need access to real-time data and streamlined investment processes,” said Aldric Dupais, Head of Linedata Asset Management for Europe. “Linedata’s portfolio management platform allows leading managers, like Copper Street, to fully utilize our latest technology and data capabilities for an optimized investment environment and timely insights that help ensure high quality investment results and satisfied clients.”
Three of the 10 largest global hedge funds use Linedata’s portfolio management solutions, according to HFM’s latest Billion Dollar Club Report.
ABOUT COPPER STREET CAPITAL LLC
Established in 2015, Copper Street Capital LLP (“Copper Street”) is an alternative investment firm focused on capturing event-driven opportunities within the financial services sector. The Copper Street team brings deep industry knowledge with a breadth of execution – aiming to identify absolute and relative value opportunities across capital structures as well as investing in longer-term strategic deals in the sector.
Copper Street is exclusively focused on financial services and invests across public and private markets. Doing both of these together in one firm is quite unique. We believe that we have a competitive advantage
from having an active engagement in the markets as well as an extensive network which allows us to identify strategic opportunities. Our leadership team has had extensive experience building and running businesses successfully at tier 1 financial institutions. Finally, we seek to align interests and to build long term partnerships with our investors.
Copper Street is authorised and regulated by the FCA, registered as an Exempt Reporting Adviser with the SEC, and is based in the UK.
With over 20 years’ experience and more than 700 clients across 50 countries, Linedata’s 1,300 employees in 20 locations deliver humanized technology, services and data solutions that empower leading asset management and credit industry firms worldwide to evolve and operate at the highest levels. Headquartered in France, Linedata achieved revenues of EUR 173.2 million in 2018 and is listed on Euronext Paris compartment B FR0004156297-LIN – Reuters LDSV.PA – Bloomberg LIN:FP.