New York – November 11, 2015 – Mill Hill Capital LLC and Gravitas Technology Services LLC announced today a new partnership whereby Gravitas will provide Mill Hill Capital with cloud hosting, archiving, network support and failover capabilities to ensure consistent and reliable computing support across the investment management firm’s trading, investment, portfolio management, finance, and operations functions. Mill Hill Capital relies on proprietary valuation, cash flow models and vast amounts of market data to perform its investment analysis and trading activities, thereby requiring a chief provider of infrastructure support for on-site servers, cloud storage, backup recovery and archival.
“We have created a scalable institutional platform and first-class infrastructure at Mill Hill and partnering with Gravitas allows us to deliver a best in class hosting solution that provides investors with confidence in our operations,” said Robert Perdock, Chief Financial Officer of Mill Hill Capital.
In addition to being a leading provider of information technology services to the alternative investment industry, Gravitas provides solutions for the front and middle office including market risk, middle office operations, and investor and regulatory reporting services.
“It’s important for us to partner with a firm that can offer Mill Hill the scalability it requires as our platform grows, along with the potential to leverage other offerings of Gravitas as our needs and requirements change with our growth,” said David Meneret, Chief Investment Officer and Founding Partner of Mill Hill Capital.
“Gravitas will work in close collaboration with Mill Hill to help them adapt, thrive and achieve agile growth. The Gravitas Cloud delivers full control and superior security, giving Mill Hill the freedom to invest, innovate and scale their business. We are excited about playing an integral part in creating smart scale for Mill Hill, and we look forward to a strong partnership with the firm,” said Jayesh Punater, Founder & CEO of Gravitas.
About Gravitas Technology Services LLC:
Gravitas is a leading collaborative outsourcing partner for the alternative investment space. Founded in 1996, Gravitas provides solutions for the front and middle office leveraging proprietary software, The Gravitas Platform, which is powered by The Gravitas Cloud. The company is based in New York with offices in Chicago, Greenwich, Mumbai and Ahmedabad, India.
Gravitas was most recently named "Best Middle Office Solution" in the HFM US Hedge Fund Services Awards, and "Best Outsourced Solution" in the 2015 HFM US Technology Awards. Past HFM US Hedge Fund Services Awards won by Gravitas include: “Most Innovative Technology Provider” (2014), “Best Outsourced Technology Infrastructure Provider” (2013) and “Best Overall Technology Firm” (2012).
About Mill Hill Capital LLC:
Mill Hill Capital LLC is an investment adviser based in New York. The firm focuses on market-neutral relative value investments in US Credit. The fund seeks to identify asymmetrical investment strategies across securitized and corporate bond markets. Mill Hill Capital concentrates primarily on the following asset classes: CLOs, Esoteric ABS, EETCs and Aircraft ABS, non-agency mortgage-backed securities, credit indices, corporate financials. The firm is led by David Meneret, formerly Head of Securitized Debt and Corporate Financials Trading at Macquarie and Senior Portfolio Manager for Macquarie Credit Nexus Fund. Mill Hill Capital’s Strategy relies on the combination of asset-level fundamental analysis, extensive market-implied data-driven proprietary cash flow models identifying long/short opportunities across asset classes, as well as a systematic approach to risk and portfolio management.
For more information, please visit www.millhillcap.com