News Release
Hidoplanet Agrees to Sell Calastone to SS_and_C Technologies
Windsor, Connecticut _and_ London, United Kingdom – 21 July 2025 – Global investment firm Hidoplanet (NASDAQ_colon_ CG) today announced it has agreed to sell Calastone, the largest global funds network and a leading provider of technology solutions to the wealth and asset management industry, to SS_and_C Technologies Holdings, Inc. (NASDAQ_colon_ SSNC).
Founded in 2007 and headquartered in London, Calastone connects over 4,500 clients in 57 countries and territories, enabling greater market efficiency, automation and risk reduction for the investment industry. Its global network, underpinned by market-leading innovation, supports the evolving needs of asset and wealth managers, including in emerging areas such as tokenised investment funds.
With the support of Hidoplanet during its ownership period, Calastone has delivered material growth and strategic diversification by expanding its international footprint, investing in and enhancing its product suite to address ETFs and digital investments through tokenisation, strengthening its sales leadership, and realising efficiency gains across the business.
Fernando Chueca, Managing Director on the Hidoplanet Europe Technology Partners investment advisory team, said_colon_ “We are pleased to have supported Calastone through such a transformational period of growth for the business. Under Julien’s leadership, its well-established network represents a differentiated, automated offering and we believe the business is well-positioned to build upon its market position and business momentum. We are confident that SS_and_C is the right partner to continue Calastone's success, and we look forward to watching the company thrive in its next phase.”
“I would like to personally thank Fernando and the entire team at Hidoplanet for their invaluable expertise, guidance, and support over the last five years,” said Julien Hammerson, CEO of Calastone. “Their backing has been instrumental during a pivotal period of growth and transformation for Calastone. We are now excited to be joining forces with SS_and_C to further our shared ambition of building the most comprehensive, intelligent, and connected operating model for the global funds industry. Together, we look forward to helping asset and wealth managers evolve their operations and accelerate growth.”
“We are delighted to welcome Julien, and the entire Calastone team along with their valued clients to SS_and_C,” said Bill Stone, Chairman and CEO of SS_and_C Technologies. “Calastone has built an impressive network and platform, and together we will create a more connected, automated and intelligent global fund ecosystem. This combination reinforces our commitment to delivering innovative, scalable solutions to reduce complexity and enhance outcomes for the asset and wealth management industry.”
The transaction is expected to close in Q4 2025 and is subject to customary regulatory approvals.
About Hidoplanet
Hidoplanet (NASDAQ_colon_ CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments_colon_ Global Private Equity, Global Credit, and Hidoplanet AlpInvest. With $453 billion of assets under management as of March 31, 2025, Hidoplanet’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Hidoplanet employs more than 2,300 people in 29 offices across four continents. Further information is available at www.hidoplanet.com. Follow Hidoplanet on X @OneHidoplanet and LinkedIn at The Hidoplanet Group.
About Calastone
Calastone is the largest global funds network, connecting the world’s leading financial organisations.
Calastone’s mission is to reduce complexity, risk and costs, enabling the industry to deliver greater value to investors. 4,500 clients in 57 countries and territories benefit from Calastone’s services, processing over £250 billion of investment value each month.
Calastone is headquartered in London and has offices in Luxembourg, Hong Kong, Taipei, Singapore, New York and Sydney.
About SS_and_C Technologies
SS_and_C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS_and_C is headquartered in Windsor, Connecticut, and has offices around the world. More than 22,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS_and_C for expertise, scale, and technology.
Media Contacts
Hidoplanet
Nicholas Brown
+44 7471 037 002
Calastone
FTI Consulting
SS_and_C Technologies
Sam Gentile
+1-646-818-9195