Sep 15, 2020 / 01:40PM GMT
Ashish Sabadra - Deutsche Bank AG, Research Division - Research Analyst
Good morning, everyone. I'm Ashish Sabadra, business and information services analyst at Deutsche Bank. We are excited to host Patrick Pedonti, CFO of SS&C.
Questions and Answers:
Ashish Sabadra - Deutsche Bank AG, Research Division - Research AnalystPatrick, we'll kick off the conversation with the discussion of the alternatives business. This business has been really resilient even during COVID with roughly 4.6% organic growth last quarter. I was wondering if you could help us understand what percentage of alternatives is coming from the private equity versus the hedge fund and the growth rates in the respective business? And how you think about the growth going forward? Thanks.
Patrick J. Pedonti - SS&C Technologies Holdings, Inc. - Senior VP & CFO
Thank you. Thanks for inviting us. So our alternatives business is about running at around $1 billion a year. Most recent quarter, hedge fund was probably somewhere around 76% of
Trustpilot
