Weekly News: Week of 8/21/2023

This Week’s Vendor News

NEW & UPDATED PRODUCTS

BuildESG unveils enhanced BuildRI platform, which enables lenders to seamlessly assess private equity sponsors’ responsible investing and ESG integration levels.

Robin AI has updated its product with Obligations Management, which will enhance visibility and oversight for legal teams. In-house legal teams no longer need to manually track their contract obligations in spreadsheets with this new update.

Eleven’s July's software releases brought several new features and more usability enhancements including address auto-completion, adding investment contacts and the ability to filter contacts in your CRM by access.

DEAL ACTIVITY

Datasite completes acquisition of London-based MergerLinks. Financial terms are not being disclosed. MergerLinks and its management team are operating as a strategic product unit within Datasite.

PARTNERSHIPS & INTEGRATIONS

Altvia’s OnboardingBridge powered by Passthrough is now available. OnboardingBridge is the first solution to fully integrate a CRM with an onboarding solution.

iCapital has partnered with HSBC Wealth and Personal Banking in Australia on the introduction of structured investments to HSBC Accredited Investors, extending its collaboration with the firm.

Rialto Markets has partnered with WeSave, an eCommerce solutions provider for an equity crowdfunding raise. WeSave was founded by entrepreneur and philanthropist Richard G. Stewart Jr and has a valuation of $200 million.

NEW CLIENTS

Pollen Street Capital implements KEY ESG software to optimize portfolio ESG management. Pollen Street has been focused on ESG since the firm was founded in 2013.

HIRING & PERSONNEL

AlphaSense expands in APAC with launch of new regional hub in Singapore. Other locations include New York, London and Germany, which opened last year.

VENDOR WHITEPAPERS

PFA Solutions has published: Five notable real-life spreadsheet related mistakes. These mistakes emphasize the need for meticulous data management and the importance of thorough review and validation processes.

PE Front Office has released: How Technological Advances are Shaping ESG Disclosures in Alternative Investment Management. Some key areas that are showing improvements include data collection and analysis, standardisation and reporting frameworks and assurance and verification.

Drawbridge has written: What investors are concerned about in an operational due diligence review. Head of Client Success at Drawbridge gives three tips for a successful ODD meeting.

Katipult has released: Institutional Investor Trends You Need to Know. In this piece, they examine recent trends across three key themes; ESG, Technology and Diversification & Alternative Investments.

Canoe has published Empowering Institutional Investors. From this white paper, learn how institutional investors can take advantage of government changes to allocation percentages, overcome operational challenges associated with alts, and optimize the use of internal processes and resources.

Dynamo has published: Five Critical Fund Accounting Capabilities You Need for Peak ALTS Back Office Operations in 2023.

IDR has issued: Role of onboarding in challenging fundraising times. In it they state that In this more challenging and competitive environment, managers are pulling out all the stops to attract investors including the view that investor onboarding is an early opportunity to establish a positive relationship.

Passthrough has published: What's the State of Fundraising in 2023? Key takeaways include, market conditions are challenging, but outlook for improvement is positive and it’s an investor's market, with GPs pulling out all the stops to find and keep LPs.


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