Fusion Alternative Investment Partners, a newly-established private equity adviser specialising in technology and services, has announced an investment in Etheios Group, a market leader in
Fusion Alternative Investment Partners, a newly-established private equity adviser specialising in technology and services, has announced an investment in Etheios Group, a market leader in consulting, implementation and resourcing solutions to investment managers.
UK-based Etheios provides business and IT services to asset and investment managers and their service and software suppliers. It covers the entire lifecycle from strategy through planning, business case definition, design, development, testing and user acceptance, to project management, implementation and post operational reviews and support.
Etheios specialises in fund services, front office, alternative investments, regulatory approval, compliance and testing, as well as implementation of specialised system platforms for equity, bond and derivatives trading, settlement and record-keeping.
As well as access to growth capital, Fusion says it will add global market reach and experience in sourcing to Etheios’s existing strengths, and that its expertise in the financial industry and technology and management consulting for large firms further complement and strengthen Etheios’s proposition.
‘Fusion’s investment provides will enable Etheios to develop significant opportunities for growth in Europe and cement our position as a leading financial services consultancy,’ says Etheios chairman Rod Homer. ‘The corporate and industry experience provided by Fusion, as well as the breadth of its business, will be beneficial to Etheios.’
Etheios will become part of the Fusion family of companies that provide a range of professional services to the financial, insurance, and technology sectors. It supports clients in diverse business areas including wealth management, fund administration, private banking, funds distribution, retail and institutional fund management, life and pensions, transfer agency, and software development and supply, including Barclays, Credit Suisse, BNY Mellon, Legal & General, Morley Fund Management and Norwich Union.
