Solutions
This past year has proven that general partners (GPs) can retain control and oversight over the various functions within their firm, even while working with outsourced partners. The shift to virtual working demonstrated that the ability to interact and collaborate across an organisation is in no way hampered by being in remote locations. In addition, the focus on data is driving the need for external support in middle office functions.
By A Paris – The case for private equity outsourcing has been bolstered in the past year as general partners (GPs) are having to handle larger volumes of data and compliance teams are stretched to their limit. Industry participants have attested to the growing burden that private equity operations are facing and the potential fragmentation to which they may be vulnerable.
“Technology and data-gathering pain points that are a source of irritation for principal investors in normal times have become a source of critical risk. A patchwork of systems, complicated processes, and fragmented data often require teams to run a gauntlet to
AND Digital, a British tech consultancy aiming to accelerate digital delivery for businesses by providing access to tech talent, has secured GBP8 million in follow-on funding from BGF, one of the UK’s most prominent growth economy investors.
“Since our inception, there’s been a pressing need for digital skills to become foundational to every organisation, regardless of sector or size,” comments CEO Paramjit Uppal comment on the funding round.
“Now, as Covid-19 persists, we believe even more deeply that every business is now a digital business – with software and data at its core, powered by talent at the heart,” he adds.
Boardroom Alpha, a ratings and analytics platform providing quantitative measurements of public company directors, CEOs and CFOs, has launched an intelligence tool for evaluating the performance of Special Purpose Acquisition Companies (SPACs).
Read the full story at Institutional Asset Manager…
TMF Group, a provider of global administrative services – including fund accounting and administration – has today completed the acquisition of Venture Back Office (VBO), a US based third-party provider of solutions to private equity, real assets, credit, and emerging manager funds.
As a result, TMF Group will now administer more than EUR150 billion worth of assets on behalf of its global fund manager client base.
The acquisition is a key milestone in TMF Group’s strategy to continue to grow its global fund services business and bolster its capabilities in the North American market, particularly in the US. The
Level E Research, the Edinburgh based leader in artificial intelligence (AI) investment solutions, has just closed a seed funding round raising GBP1.2 million from a group of private investors, including leading figures in the investment management industry.
The business, founded by Dr Sonia Schulenburg in 2018, combines machine learning, data science and behavioural economics enabling institutional investors to develop, test and implement smart investment strategies at the highest levels of automation and at significantly lower cost than traditional investment management business models.
Dr Sonia Schulenburg, CEO of Level E Research, says: “This very successful fundraising backed by well-known industry leaders
Leading financial institutions, advisory services companies and government organisations have collaborated to create the Invest in Women Hub, an innovative resource run by the Council for Investing in Female Entrepreneurs (CIFE), aiming to accelerate female entrepreneurship. The Council is the industry advisory group for the Rose Review Board.
Members of the CIFE have launched the Invest in Women Hub to reach more female entrepreneurs to share knowledge and improve access for those in need of funding and support, and create direct opportunities to share expertise, networks and inspiration.
The Council members have used their collective resources to bring the
Holland Mountain, a data solutions provider to the Private Capital industry, has unveiled the new name for its data platform and announced the introduction of six brand new modular options.
ThreatQuotient, a specialist security operations platform innovator, has closed USD22.5 million in new financing, including a combination of equity and debt financing.
The investment syndicate includes New Enterprise Associates (NEA), Adams Street Partners, Escalate Capital, Blu Ventures, Cisco Investments and Gaingels, who took notice of the company’s significant momentum in 2020, specifically their record bookings and revenue growth. ThreatQuotient plans to leverage this financing to accelerate execution of new innovations currently in development.
“As a result of strong performance in 2020, we welcomed an opportunity to secure additional funding and add new investors to our syndicate. ThreatQuotient is meeting a
Venture capital firm Sky9 Capital’s portfolio company Smart Share Global, has completed its IPO on the Nasdaq stock exchange under the ticker ‘EM’, at a market capitalisation of USD1.7 billion at closing.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
