Vendor News
PARTNERSHIPS & INTEGRATIONS
IDR announces investment and partnership with Hamilton Lane. This partnership securely streamlines the private markets onboarding process including across fund subscription, KYC, tax and Money Laundering Reporting Officer services. ↗
Alkymi partners with Portfolio BI. This will enhance decision-making capabilities by combining structured and unstructured data sources, leading to optimized workflows and improved data governance. ↗
Bipsync announces partnership with Lionpoint Group. The partnership brings research management, CRM and workflow automation best practices to mutual clients in private markets. ↗
Canoe has entered into a strategic consulting partnership with Versoft. This partnership will help clients define their ideal tech stacks and will facilitate collaboration across vendors to streamline operational workflows and seamlessly integrate alternative investment data. ↗
SEI extends partnership with Bar Harbor Wealth Management. This partnership supports Bar Harbor Wealth Management’s growth and expanded offering to their clients through the SEI Wealth Platform and business process outsourcing solution. ↗
Decusoft has announced a strategic partnership with SteelBridge Consulting. As SteelBridge builds its Human Capital Consulting Services practice, Decusoft and its Compose Platform will be one of the best-of-breed solutions available to SteelBridge clients. Compose is a powerful engine for compensation management. ↗
NEW CLIENTS
Oquendo Capital selects Cobalt for portfolio monitoring. Oquendo Capital is a private debt management firm based in Madrid, Spain. Since its inception in 2007 the firm has invested over $1B in more than 80 companies. ↗
Invequity, a South African Private Equity fund management company, has chosen PE Front Office as their investment management technology partner. ↗
HIRING & PERSONNEL
SimCorp strengthens American presence by opening Mexico City office. Additionally, Oscar Nasta has joined SimCorp as Head of Delivery Center Mexico City. ↗
FINTRX Announces Ryan Beale as Chief Revenue Officer. Beale brings sales leadership experience to the company, most recently serving as Vice President of Sales at HubSpot. ↗
data.ai has announced senior leadership changes including a new CFO and Chief Product & Technology Officer. Yardley Pohl joins as Chief Product and Technology Officer and Alfred Chak is the new Chief Financial Officer. ↗
Rhys Zownir has joined Drooms as Head of Sales UK & BeNeLux, where he will be driving growth and boosting market presence. Prior to joining Drooms, Zownir worked at Green Street as Associate Vice President - EMEA Sales.
VENDOR WHITEPAPERS
Beauhurst has released its Equity Investment Market Update for H1 2023. The report shows that in this half there were 1,094 equity fundraisings announced by UK private companies—down 12% from the previous half. ↗
Fundcount has published: The Key to Successful Joint Ventures - Investment Partnership Accounting. This paper has found that as it becomes harder to raise funds, co-investment capital has become a popular way for funds and sponsors to finance transactions. ↗
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