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Backed launches private equity token

In a bid to facility the re-allocation of global funds from the stock market to futuristic assets like decentralised private equity, Backed has introduced a decentralised private equity fund based on blockchain to aid investors and companies with strategic and financial support and high-performance asset class placements. Backed is a

Microsoft for Startups and Ansarada form new global partnership

Microsoft for Startups and Ansarada (ASX:AND) have formed a new global partnership to make it easier and faster for startups to raise capital and grow. Ansarada is the first third party technology vendor to forge a global partnership of this kind with the Microsoft for Startups programme and will be

Voya Investment Management and iCapital form partnership

Voya Investment Management (Voya IM), the asset management business of Voya Financial, has partnered with iCapital, a global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries.  Voya IM will leverage iCapital’s customised technology, service and diligence solution for financial advisors and their

Apex Group wins Perennial Partners’ mandate for new growth fund

Apex Group Ltd has been appointed by Perennial Partners to provide fund administration services to the Perennial Private Ventures Fund. This mandate win follows a series of successful acquisitions for Apex in the region, including Australia-based Mainstream Group, and New-Zealand-based MMC.   Perennial Private Ventures Fund is targeting a raise

NatWest Trustee and Depositary Services supports Beechbrook Capital Fund

NatWest Trustee and Depositary Services has been appointed as the depositary for Beechbrook Capital LLP’s latest fund in its UK SME strategy, Beechbrook UK SME Credit III LP. Beechbrook Capital is a specialist direct lender which focuses on investments in small to medium-sized businesses (SMEs) across a range of industries

Ocorian adopts BlackRock’s eFront suite for global fund admin platform

Ocorian, a provider of corporate, fund and fiduciary administration services for private markets, has selected the full eFront Invest suite to support the ongoing growth of its Global Funds business. The announcement builds on Ocorian’s long-standing relationship with eFront by adding new capabilities such as Fund Administration, Investor Services, AIFM

Societe Generale Securities Services selects NeoXam to support growth in the private equity market

Societe Generale Securities Services (SGSS) has chosen financial software company NeoXam to provide investment and reporting software to support clients’ services of its private equity business unit. NeoXam’s technology, GP, handles all portfolio types, supports a comprehensive range of asset classes and integrates NeoXam’s other solutions for data management, digital

Novata forms Advisory Council of global experts to build future of ESG for private markets

Novata, a public benefit corporation and technology platform that provides private markets stakeholders with intuitive and effective environmental, social and governance (ESG) data management solutions, has formed the Novata ESG Advisory Council. The Council comprises leading experts in ESG with broad-based experience in academia, research, public and private company stewardship,

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