Hedge Fund Outsources Back-to-Front
STP
Shumway Capital Partners decided to outsource its back office before it even launched its hedge funds. But first, it made front-office IT demands on its back-office provider.
When Shumway Capital Partners, LLC launched its hedge fund in April, it knew where its strengths lay and where they didn’t. Starting a hedge fund from scratch is daunting work, so the Greenwich, Conn.-based fund decided off the bat to outsource its back-office operations.
But coming out of the starting gate with an
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