RIA in a Box, a provider of compliance and registration solutions for wealth managers and investment organisations, has launched a new platform to address the unique regulatory requirements faced by private fund advisers including venture capital, private equity, and hedge fund managers.
Diligend solution to digitalise and automate private equity fund due diligence for top sovereign wealth fund
One of the world's top sovereign wealth funds (SWF) has slected Diligend, a provider of investment management software, to digitalise and automate fund Due Diligence for the private equity fund asset class.
US private equity groups spent an average USD353,000 on external legal counsel per acquisition when prosecuting deals in 2019, according to research released by Apperio, a London-based specialist legal spend management platform. In the UK, the figure was slightly lower at USD253,000.
Neo, a treasury management, payments and FX fintech, is launching a new international multi-currency account service for small and medium-sized enterprises (SMEs).
Apex Group (Apex) has been appointed to provide fund administration and depositary services to the debut fund of Melior Equity Partners (Melior).
Intertrust, a specialist in providing tech-enabled fund and corporate solutions, has reached a binding agreement to acquire the corporate services business of India-based Sameer Mittal & Associates.
Humatica, a private equity specialist adviser has teamed up with DotProjects to offer its services and local support in Asia.
Clir Renewables, a provider of performance assessment software for wind energy, has supported Elemental Energy, a major renewable energy developer and investor, in an M&A consideration by analysing renewable energy assets ahead of acquisition.
Apex Group (Apex), a global financial services provider, has been appointed to provide full fund administration services to Preservation Capital Partners (Preservation Capital).
BNY Mellon's has enhanced access to alt investments including hedge funds by integrating its Pershing platform with CAIS and iCapital Network.