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Intelligence

North Sky Capital appoints Senior Fund Accountant

Impact investor North Sky Capital (North Sky) has appointed Jay Cruz as a Senior Fund Accountant. Cruz joins North Sky from Okabena, a Minnesota-based investment advisor serving families and non-profit organizations where he served as a Tax Manager. Previously he was a Tax Staff Accountant before rising in rank to

Blackfinch bolsters senior management team with new Ventures hire

Blackfinch has further bolstered its Ventures team with the appointment of EdTech entrepreneur and start-up investor Richard Harley. Joining the business as a Senior Ventures Manager, Harley brings more than 12 years’ experience to the role having previously co-founded ScholarPack in 2011 – an award-winning analytics platform that allows teachers

Post-pandemic change is afoot among asset managers, study says

The global pandemic continues to significantly impact investment strategies among global asset managers, according to new research from Clearwater Analytics (CWAN).   A poll of over 140 asset managers and owners representing more than USD5 trillion in AUM showed more than a third of investors investment strategies will change this

SourceDay closes USD31.5m Series C funding

SourceDay, a supply chain procurement collaboration engine for direct spend materials and one of Austin’s fastest-growing companies, has closed a USD31.5 million Series C round of funding. The round was led by Norwest Venture Partners with participation from existing investors ATX Ventures, Baird Capital, Draper Associates, Ring Ventures and Silverton

SIMON secures strategic investment from Citi

SIMON Markets (SIMON), a fintech company that offers an end-to-end digital suite of tools to help financial professionals understand, manage, and analyse complex alternative investment products, has secured a strategic investment from Citi. Citi is a longtime partner of SIMON, both as a leading issuer of structured investments and through

Passthrough raises USD5m to simplify fund closing process

Passthrough, a data-driven subscription document platform that seamlessly automates, distributes, executes, and manages the subscription process for fund managers and their investors, has raised USD5 million. Positive Sum led the round with participation from Okta Ventures, Great Oaks VC, and Company Ventures. Additional strategic angel investors and operators also participated

Parthenon makes additional investment in CardWorks

Parthenon Capital has made an additional investment in CardWorks, the parent company of CardWorks Servicing, Merrick Bank and Carson Smithfield. In connection with the transaction, Parthenon’s co-CEO and managing partner, Brian Golson, will join CardWorks’ Board of Directors. The terms of the transaction have not been disclosed.

Maranon adds seven to team

Maranon Capital has added seven members to the firm’s investment and operations teams. As Associates, Jack Brandt, Steve Pastoriza, Jack Purdy, and Tyler White are responsible for investment underwriting and portfolio management. Brandt was previously an Associate at RF Investment Partners, LLC, Pastries was an Analyst at Brown Brothers Harriman,

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