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SS&C Technologies acquires independent asset services firm

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SS&C Technologies acquires independent asset services firm

SS&C Technologies Holdings Inc. has acquired San Francisco-based Conifer Financial Services LLC, an independent asset services firm, for $88.5 million.

Conifer's senior management will continue to lead the business. Conifer has 200 clients globally with $110 billion of combined assets under administration. It services pensions, endowments, foundations, family offices, registered investment advisers, traditional asset managers, private equity firms and hedge funds.