Copper Street Capital, a UK-based event-driven hedge fund manager, has selected Linedata’s comprehensive portfolio management and compliance solution, Linedata Global Hedge. 

Copper Street says it 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,” says 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,” says Aldric Dupais, Head of Linedata Asset Management for Europe. “Linedata’s portfolio management platform allows leading managers, like Copper Street, to fully utilise our latest technology and data capabilities for an optimised 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.