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Investment veteran Laton Spahr, who used to be a senior portfolio manager for Oppenheimer Funds, is now president of SS&C Technologies’ ALPS Advisors.

Spahr, CFA, brings more than two decades of investment experience and leadership to the asset-management unit, which manages nearly $17 billion. As president, Laton “will drive the firm’s short- and long-term growth initiatives, oversee its investment strategies and portfolio management,” according to SS&C.

Spahr will report to Mike Sleightholme, senior vice president and general manager of DST, the Kansas City, Missouri-based global strategic advisory, technology and operations outsourcing company that SS&C acquired in 2018. DST had bought ALPS in 2011.

“Laton’s strong track record as an investor, combined with his strong management expertise and deep industry expertise, made him a natural pick to lead SS&C ALPS Advisors’ next phase of growth,” according to Sleightholme.

“We look forward to working with Laton to leverage his investment knowledge and management acumen as SS&C ALPS Advisors continues to expand its client relationships and generate growth,” he added.

Spahr joined SS&C from Oppenheimer Funds, where he served as senior vice president and leader of the Value and Income Team based in Denver. He previously served as senior portfolio manager at Columbia Management (now known as Columbia Threadneedle Investments).

“As part of SS&C Technologies, SS&C ALPS Advisors is uniquely positioned to adapt and succeed as the asset management industry evolves,” according to Spahr.

“Our combined history of partnering with the best investment managers in the market gives us direct insight into how we can help our clients and deliver efficient, differentiated and active financial peace of mind,” he said in a statement.