State Street Secures Mandate Win with Galapagos Capital
10 Luglio 2024 - 3:05PM
Business Wire
State Street (NYSE: STT) today announced that it has been
selected to provide fund accounting, fund administration and
investor servicing for Galapagos Global Capital Management, the
U.S. based hedge fund manager of Brazilian-founded Investment
Company Galapagos Capital. State Street will provide this range of
services to its hedge funds Galápagos Macro Master LP. and
Galápagos Macro Cayman Ltd.
“We are honored to have earned the trust of Galapagos Capital to
provide them with comprehensive asset servicing solutions,” said
Otavio Scuccuglia, head of sales, Brazil for State Street. “This
mandate underscores our commitment to delivering value and tailored
services that are designed to meet the evolving needs of our
clients.”
State Street will leverage its robust infrastructure and global
capabilities to deliver these services, helping Galapagos Capital
to optimize investment operations, navigate complex market
conditions and drive sustainable growth.
“We are very pleased to partner with State Street as their
servicing solutions and broader commitment to client service aligns
very well with our firm’s strategic objectives,” said Sergio
Zanini, partner at Galapagos Capital.
For more information about State Street’s range of investment
solutions, please click here.
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's
leading providers of financial services to institutional investors
including investment servicing, investment management and
investment research and trading. With $43.9 trillion in assets
under custody and/or administration and $4.3 trillion* in assets
under management as of March 31, 2024, State Street operates
globally in more than 100 geographic markets and employs
approximately 46,000 worldwide. For more information, visit State
Street's website at www.statestreet.com.
* Assets under management as of March 31, 2024 includes
approximately $66 billion of assets with respect to SPDR® products
for which State Street Global Advisors Funds Distributors, LLC
(SSGA FD) acts solely as the marketing agent. SSGA FD and State
Street Global Advisors are affiliated.
© 2024 State Street Corporation 6776940.1.1.GBL.RTL
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Media Contact: Brendan Paul Mobile: +1 401 644 9182
Bpaul2@statestreet.com
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