Drawbridge, a provider of cybersecurity software and solutions to the alternative investment industry, has achieved System and Organization Controls (SOC) 2 Type 1 compliance. This certification reflects Drawbridge’s commitment to safeguarding critical client data while helping customers bolster their cyber defences in today’s evolving threat landscape.   The American Institute of Certified Public Accountants (AICPA) designed SOC 2 compliance assessments to ensure businesses display adequate data practices that safeguard data with proper security processes. The Type 1 certification reports on the controls placed into operation at a specific point in time and creates a solid path for working towards a

Preqin, a specialist in alternative assets data, tools, and insights, has launched Company Intelligence – the latest product in its private markets data offering. Company Intelligence helps investment teams and M&A professionals to streamline and elevate their top of the funnel deal activities, by providing them with accurate and comprehensive private market intelligence on investor-backed companies. More institutional investors are expected to enter the asset class in the coming years and to carve out dedicated allocations to diversify and scale their commitments. There are now 64% more institutional investors allocating to venture capital than there were in 2017, according to

JTC, a global professional services provider, has launched virtual Chief Sustainability Officer (vCSO), an new service to help clients achieve their environmental, social and governance (ESG) ambitions. The vCSO offering recognises that many organisations, from fund managers and corporates, to UHNWI and family offices, are struggling to navigate the rapidly evolving ESG landscape and in particular, specific ESG regulatory and reporting requirements.  vCSO allows clients to access the benefits of a professional Chief Sustainability Officer and associated team on a flexible, outsourced basis, reducing the associated overheads. This approach provides clients with the technical knowledge and support that they need

Ed Gehres, General Counsel of Miami-based investment platform 777 Partners, and Blake Trueblood, General Counsel of litigation funding companies JusticeFunds and Signal Funding have launched Invenio LLP, a law firm that will focus on plaintiff and claimant-side litigation and litigation finance matters. With decades of experience as complex case litigators, both partners spent the last five years working together on litigation finance and claims management matters that included international dispute resolution funding, law firm portfolio lending, pre- and post-settlement funding opportunities, case development and claims administration services in disaster recovery, mass tort, and complex commercial cases. Invenio will initially focus

Evaluate and Treehill Partners have entered into a global strategic collaboration to combine Evaluate’s data analytics and strategic consulting with Treehill’s transaction advisory and execution services in healthcare. Both organisations have decades of experience serving customers globally and are joining forces to provide their combined client base with a richer suite of proprietary services and tools that now span strategic consultancy on market and product evaluations to transaction advisory and execution.

Due diligence specialist Castle Hall has launched DiligenceExchange, delivering in-depth industry intelligence for institutional investors. DiligenceExchange (DXC) contains due diligence data on several thousand funds across traditional (stock and bond) and alternative strategies – hedge funds, private equity, venture capital, real estate, infrastructure and private credit. Castle Hall’s standardized approach to due diligence data collection underpins the entire DXC program. Castle Hall uses a consistent scope and methodology to gather data from each asset manager/GP. The firm then completes independent “trust but verify” checks to protect against fraud.

LGL Group (LGL) has selected Allvue Systems to provide Fund Accounting and Investor Portal solutions to support its growing fund administration business. Allvue’s Fund Accounting software will provide LGL with a back-office system fully capable of offering fund administration and investor reporting services across different fund types including private equity, real estate, venture capital, and debt. Through Allvue’s Investor Portal, LGL clients will have access to highly configurable dashboards that support both standardised workflows and detailed reporting within one fully integrated platform.

Digital alternative investment specialist Yieldstreet is launching a new platform that allows investors the unique opportunity to invest in individual companies. The first offerings include the convenience of investing directly in established startups Fetch Rewards and Flutterwave in partnership with VC investment firm Greycroft, which has $2 billion-plus in total capital commitments across its funds. Yieldstreet will partner with other prominent venture capital firms as more deals are offered on the platform giving investors access to leading startup companies before they go public. Investments in Fetch and Flutterwave, plus future direct VC offerings on Yieldstreet, will primarily be made at