This Week’s Vendor News

NEW & UPDATED PRODUCTS

73 Strings launches 73 Value. 73 Value is an AI-powered valuation solution that can help users: 1 - Automate valuation workflows, 2 - Streamline data ingestion and audit trails, 3 - Run scenario-driven, multi-model valuations, 4 - Reduce risk. Key features include: 1 - automated and AI-enhanced valuation models for determining the value of equity and credit investments. 2 - Seamlessly integrate with multiple data sources, enabling efficient data gathering, management, and analysis. Perform scenario analysis and forecasting to evaluate investment outcomes and portfolios. 3 - 73 Value provides tools for generating detailed, customizable reports tailored to specific needs and regulatory requirements. 4 - Support team collaboration and automate workflows, enhancing efficiency by reducing manual tasks and streamlining processes. ↗

Eilla AI launches Hunter, its new AI Scout. With Hunter, users can describe the kind of companies they are after and Hunter maps the universe of relevant targets: competitors, prospects, or buyers, quickly. Key features include: 1 - Granular data on Product, USP, Target Market, Business Model and more. 2 - Live Trend Analysis - one click shows fundraising and acquisition activity over the past 20 years. ↗

Assette introduces RFP & DDQ Automation for asset managers. Assette's new AI-powered RFP & DDQ automation module aims to cut response times from weeks to hours while eliminating redundant work and compliance risk. Fully embedded in the existing platform, the module pulls live data and narrative content from the same sources used to create factsheets, client reports, and pitchbooks. Key capabilities include:n 1 - AI-generated responses with industry-specific language, 2 - Live data autofill—no manual entry, 3 - SME collaboration with answer version tracking, 4 - Compliance oversight and audit trails, 5 - Shared workspace for Sales, Marketing, SMEs, and Compliance. ↗

Dasseti introduces Harvest by Dasseti, a new ESG platform for private market investors. Harvest transforms raw ESG and governance data into real-time, investment-ready insight. Harvest by Dasseti is built with AI and designed for GPs, LPs, and portfolio companies. ↗

Allvue Systems launches new Agentic AI Platform. The Allvue Agentic AI Platform will introduce a growing suite of agentic capabilities that surfaces investment insights, automates routine steps, and enhances decision-making across front to back-office operations. Additionally, Allvue has introduced Andi, its AI assistant and intelligent knowledge agent. Andi is a browser-based AI assistant powered by Allvue’s Agentic AI Platform. Designed to support investment professionals in real time, Andi delivers on-demand product guidance and workflow support across the Allvue Credit product suite. From navigating workflows to surfacing insights and answering product questions in real time, Andi enables teams to solve problems fast so they can stay focused on execution. ↗

Nasdaq launches Nasdaq Eqlipse, a new solution for financial market infrastructure operations across the trade life-cycle. Nasdaq Eqlipse includes: 1 - Nasdaq Eqlipse Trading: A trading solution that supports different types of marketplaces and asset classes, enabling markets to scale and develop their business with high standards for resilience, performance, and security. 2 - Nasdaq Eqlipse Clearing: A multi-asset, real-time clearing, risk and settlement capabilities that unlock operational and cost efficiencies for CCPs, their members and clients. A cloud-native, scalable and resilient solution, it enables CCPs to launch new products with short time-to-market, and expand capacity with growing volumes. 3 - Nasdaq Eqlipse CSD: Providing core infrastructure for multi-asset custody, registry, settlement and corporate action services. This new solution enables CSDs to realize new business opportunities, including expansion into digital assets, international custody and securities financing. 4 - Nasdaq Eqlipse Intelligence: A cloud-first platform for democratizing data access, enhancing operational efficiency and generating new revenue streams. ↗

Fintent rolls out two new updates to its platform to help users find and connect with the right companies. These upgrades are: 1 - Management Contacts - users will now see relevant management contacts in the Contacts tab whenever they run a search or upload a list. Contacts are also available in each company profile and included in all downloads. 2 - AI Verification for Company Search - Fintent's AI now suggests smart filters based on industry and website keywords. Every company match is verified by AI and users will see both verified and non-verified results in their search. ↗

Lantern launches AI Investment Commentary. Investment Commentary is a new feature designed to help investment teams generate structured, data-driven commentary in seconds. Built for investment associates, financial controllers, and partners, the feature acts as a virtual analyst – producing professional commentary that cuts out manual drafting from quarterly reporting cycles. Users select performance metrics, choose a period, and let Lantern generate a first draft, ready for refinement and submission. Benefits of AI Investment Commentary include: 1 - Instant first drafts – AI analyzes performance data and structures it into professional commentary. 2 - Tailored tone and style – GPs choose concise or detailed language and adjust sentiment. 3 - Quick collaboration – Reduce the back-and-forth between team members and partners. 4 - Consistency - Every commentary follows a structured, standardized format. ↗

Anaplan expands Anaplan Intelligence and launches a new suite of planning applications. With these new features and apps, Anaplan's goal is to help enterprises drive lower costs, improved margins and increased output and growth. The updated Anaplan Intelligence portfolio combines three forms of AI. 1- Predictive AI provides forecasts and optimization of outcomes, helping businesses anticipate what’s next, and plan accordingly. 2 - Generative AI, through Anaplan CoPlanner, gives users conversational access to generated insights across their models, with recommendations that simplify decision-making. CoPlanner is now embedded into Anaplan’s Integrated Financial Planning application. 3 - Agentic AI, enabled through products launching soon like Anaplan Detector Agent and Anaplan Workflow Agent, acts on behalf of customers by identifying data anomalies, recommending next steps, and triggering workflows across teams and systems. Additionally, new applications for business-critical use cases are: 1 - Segmentation and Scoring: Helps shape strategies and surfaces accounts with high revenue potential. It enables focused revenue orchestration and more effective allocation of sales and marketing investments, helping CROs and their teams maximize revenue performance management. 2 - Go-to-Market Capacity Planning: A new solution built for headcount and capacity planning across all teams that drive revenue. 3 - Integrated Business Planning: Allows supply chain leaders to make data-driven decisions that are aligned with operational and financial goals. ↗

Altvia introduces AIMe, Altvia’s AI assistant. AIMe is Altvia’s new AI-powered assistant that is designed for how private capital teams work. Features of AIMe include: 1 - It’s integrated across CRM, data room, portals, and systems. 2 - It understands the nuance of LPs, GPs, deals, commitments, and co-invests. 3 - It works within existing systems and processes. ↗

Wealthblock unveils redesigned Document Management Center. The Document Management Center streamlines access to information. The redesign will be implemented across all pages where documents are visible, including Offer Document tabs. Advantages of the upgraded Document Management Center include: 1 - Increased Visibility: Grid views enable users to see more documents on a single page, providing a comprehensive overview. 2 - Enhanced Organization: The structured grid layout offers a clean presentation, improving usability. 3 - User-Friendly Experience: Designed for both investors and administrators, this update improves efficiency and ease of navigation. 4 - Time-Saving: Fast access to documents reduces search time, allowing users to focus on high-value tasks. ↗

Aumni brings out new features to its KPI solutions. The newest updates include enhanced data portability with KPIs in its API, a KPI page for monitoring and a flexible All Metrics Dashboard for analysis. KPI customers can now directly integrate their KPI data into their own systems that support portfolio monitoring jobs such as reporting and analysis. With this new enhancement to Aumni's API, users will now have the ability to call: 1 - historical data exports per portfolio company, 2 - latest all metric data across all portfolio companies, 3 - latest one metric data across all portfolio companies. ↗

Rundit launches Rundit Add-in for Excel. The Rundit Add-in for Excel is designed to save users time, reduce errors, and give them control over their portfolio data. Benefits include: 1 - save time by automating data transfers, 2 - work with real-time portfolio data, 3 -customize reports and analyses, 4 - designed for VC associates, portfolio managers, CFOs, and reporting teams. ↗

OneTrust's Spring Release brings AI-assisted features that help privacy and risk teams scale by reducing manual effort and streamlining work. These updated features include: 1 - AI Program Center: By automating AI application data collection and contextualizing it with guidance and best practices, it streamlines collaboration among committee members overseeing AI practices. 2 - Data Mapping now includes an enhanced Inventory Review Page, giving privacy teams visibility into changes surfaced through automated data discovery, assessments, and other sources. Users can monitor and validate updates across asset, vendor, and processing activity inventories — both newly created records and updates to existing inventories. 2 - AI-powered Questionnaire Response Generation accelerates third-party risk assessments by scanning relevant risk and security documentation to automatically generate questionnaire responses. The new Legal Entities inventory adds contextual understanding to how these responses might affect different parts of your organization. If and when risks are realized, new Issues Management capabilities enable transparent tracking and treatment. 3 - OneTrust's newest risk management capabilities provide an enterprise-wide scalable risk experience, enabling customers to use risk insights as a tool to protect the business while driving growth. ↗

Mosaic unveils enhancements to its Operating Model. Mosaic has now added a new functionality allowing users to frame their entry and exit valuations on any operating model metric they define. Mosaic has also added an optional “EBITDA Less X” section of the operating model. Additionally, Mosaic’s Excel download now includes an “IRR Decomp Panel” with related switches that turn on / off each step of the IRR Decomp. This allows users to recompute the decomposition in Excel if changes are made after downloading the initial version. Lastly, Mosaic has upgraded its LBO Summary with Different Entry & Exit Multiples. ↗

DEAL ACTIVITY

Addepar raises $230 Million at $3.25 Billion valuation in Series G investment round. The round was co-led by Vitruvian Partners, headquartered in London, and New York-based WestCap, with additional participation from 8VC, Valor Equity Partners and EDBI, operating under SG Growth Capital. The proceeds from its Series G financing will be used to provide liquidity to employees and other investors through a tender offer. In addition, it will accelerate investments in innovation and client capabilities. ↗

iCapital will acquire Citi Wealth’s Alternative Investments Feeder Platform. This platform represents more than 180 alternatives funds distributed globally. iCapital will also provide an end-to-end technology solution for all alternative investment structures. iCapital will also assist with global sales and service enablement through a team dedicated to Citi Wealth to support the growth of Citi’s alternatives program. With this transaction, iCapital will manage and operate the fund platform, while Citi remains the distributor of such funds and will continue offering guidance to its clients. Terms of the purchase agreement were not disclosed. ↗

iAltA acquires Verivend and Betterfront. iAltA builds infrastructure that unifies private market systems and provides market participants with tools & insights. The acquisitions of Verivend and Betterfront will form the foundation of iAltA’s first platform solution, iAltA Private Markets, to help GPs manage their fund lifecycle and serve their LPs with technology and transparency. ↗

FTV Capital closes growth equity investment in Validus Risk Management. FTV's investment will help Validus accelerate its go-to-market efforts, continue to expand into the US and APAC and invest in technology and product innovation. ↗

PARTNERSHIPS & INTEGRATIONS

AlternativeSoft partners with Nasdaq eVestment to enhance institutional investment data access and portfolio analytics. AlternativeSoft clients will now have seamless access to Nasdaq eVestment’s global institutional fund universe. With this integration, AlternativeSoft users can now search and analyze: 1 - Hedge Fund Database,2 - Traditional Long Only Manager, 3 - Data - 24,000+ Investment Products from 3,500+ Firms – Dataset that enhances due diligence and portfolio analysis.With this integration, AlternativeSoft users can now: 1 - Access Global Institutional Fund Data – Gain deeper insights into the investment universe without leaving AlternativeSoft. 2 - Enhance Due Diligence & Fund Selection – Analyze performance, risk, and peer group comparisons with Nasdaq eVestment datasets. 3 - Optimize Portfolio Construction – Leverage AlternativeSoft’s analytics and modeling tools, now enriched with Nasdaq eVestment’s data. 4 - Save Time & Improve Workflow Efficiency (no more manual imports). ↗

ROYC acts as the Structuring and Financial Technology Partner for Private Wealth launched in collaboration with The Riverside Company. The Riverside Company is a global private equity firm focused on investing in growing businesses valued at up to $400 million. With this partnership, ROYC has delivered a bespoke and cost-efficient solution for cross-European private wealth distribution. In addition, ROYC's embedded cloud infrastructure, which streamlines and digitalizes all middle- and back-office processes, allows for scalable investor management across the fund lifecycle. ↗

Metrika and S&P Global Ratings conclude Proof-of-Concept for multi-chain digital asset risk framework. This collaboration addresses a challenge in the tokenization market: how to assess and monitor risks in a fragmented, multi-chain environment. Achievements of the PoC include: 1 - Multi-Chain Monitoring: Implemented real-time monitoring across five EVM and non-EVM blockchain networks. 2 - Development of Key Risk Indicators: Created over 100 Key Risk Indicators specific to the structure and activity of the tokenized money market fund. 3 - Integrated Risk Assessments: Established 10 live risk assessments to monitor both asset-level and network-level risks. 4 - Customizable Scoring Engine: Demonstrated a flexible scoring mechanism designed to quantify and prioritize risks through an adaptable, KRI-driven framework. ↗

Validus Risk Management launches the Validus-VRG Momentum Fund with VRG Capital. This collaboration blends Validus’ experience in risk and investment management with VRG’s algorithmic technology, to offer a fund based on a proprietary momentum strategy that has been live since 2022. ↗

Groupe SNCF integrates with EcoVadis’ Carbon Action Manager and SWEEP's carbon management platform. With this integration, Group SNCF will get: 1 - Integrated carbon data from 3,000+ suppliers, 2- Less reporting burden for suppliers, 3 - Fast workflows, saving time and costs. ↗

PM Insights partners with MSCI for their new family of index products, MSCI All Country Venture-Backed Private Company Indexes. Large venture-backed private companies with secondary market activity may be eligible for inclusion in the indexes. In constructing and calculating the indexes, MSCI uses secondary market data sourced from two firms, including PM Insights. ↗

The Stock Exchange of Thailand expands strategic partnership with Nasdaq to modernize Thailand’s capital markets. SET will promote the adoption of Nasdaq’s risk and surveillance platforms within its member community to help drive consistent infrastructure across its market ecosystem. The initiative builds on SET’s own deployment of Nasdaq’s surveillance and risk technology with the goal of enhancing systemwide efficiency, transparency, and risk management. SET seeks to benefit from the community-wide benefits of common market infrastructure as well as Nasdaq’s ongoing investment to modernize and standardize its platform capabilities, application architecture, APIs, AI integration, and product development. ↗

SWEEP partners with Invest Europe. SWEEP has embedded the Invest Europe framework directly into its platform. ↗

Gobi Partners onboards with Novata for ESG reporting. Gobi Partners, an Asia-focused venture capital firm, sought to enhance ESG compliance across its portfolio. Partnering with Novata, Gobi piloted a streamlined sustainability monitoring and reporting solution to select portfolio companies. The collaboration improved founder engagement and increased visibility of sustainability performance. ↗

Stonepeak joins SUBSCRIBE to streamline investor onboarding. Stonepeak has joined the SUBSCRIBE platform with the goal of providing a digital onboarding, electronic subscription documents and streamlined workflows for investors. By using the SUBSCRIBE platform, Stonepeak plans to deliver private market infrastructure solutions to the wealth market. ↗

OFFICE & PERSONNEL

Drooms welcomes Michaela Josefina S to the company as its Business Development Manager in Frankfurt. Josefina brings prior experience in residential sales and commercial letting at JLL, Deutsche Bank/Postbank Immobilien, and DAHLER & COMPANY. Josefina also has experience in direct sales, negotiation, and client communication. ↗

Northern Trust Asset Management appoints Michael Hunstad and Christian Roth as Global Co-Chief Investment Officers, effective June 1, 2025. Hunstad and Roth will oversee NTAM’s investment performance, process and philosophy. They will co-chair the Investment Policy Committee and lead the equity, fixed income, multi-asset and alternatives chief investment officers globally. They will be members of the Asset Management Executive Group and report to NTAM President Daniel Gamba. Hunstad and Roth will succeed Angelo Manioudakis, who will retire from NTAM effective May 31, 2025. Hunstad has spent more than 12 years with NTAM. Most recently, he was Deputy Chief Investment Officer and Chief Investment Officer of Global Equities, overseeing all equity portfolio management, research and trading activities including quantitative, index and tax-advantaged strategies. Roth joined NTAM in April 2024 as Chief Investment Officer of Global Fixed Income. He oversees the investment strategy, process and approach for NTAM’s fixed income and liquidity business globally. Previously, Roth spent three decades at Morgan Stanley Investment Management, where he held several leadership roles in the firm’s fixed income business, including as Head of Broad Markets Fixed Income and Head of Multi-Sector Fixed Income. ↗

Pico Salas G is the new Head of Revenue Operations at Moonfare. Before joining Moonfare, Salas G spent time at Wolt in sales strategy and Zalando in partner services. ↗

CEO of Deepsense.ai leaves company. Deepsense.ai's, Robert Bogucki, steps down from his role as CEO, while Adam Górniak takes on CEO role. ↗

SEI makes leadership appointments in Traditional Investment Managers segment. Sean Lawlor has been promoted to Senior Vice President and Head of SEI’s Traditional Investment Managers business, and Lori Wayne has been promoted to Head of Client Services and Relationship Management. Reporting to Phil McCabe, Head of SEI’s Investment Managers business, Lawlor is responsible for the business development strategy and client servicing of SEI’s US-based traditional investment manager clients, including sales, relationship management, and client service, as well as overseeing the operations, financial reporting, and tax teams. He joined SEI in June 2024 and previously served as the Head of Solutions Distribution at Envestnet, where he led Envestnet’s exchanges and data platforms. A 23-year SEI employee, Wayne is responsible for client service model expansion and identifying new business opportunities within traditional investment managers to enhance relationships and inform future business strategy. Most recently Wayne was a Senior Business Manager, providing strategic financial direction for SEI’s Investment Managers business. Prior to that, Wayne gained operations experience in SEI Private Trust Company, as well as client service and business management experience in SEI’s Private Banking and Wealth Management business. Wayne reports to Lawlor. ↗

VENDOR RESEARCH & WHITEPAPERS

Rio has a new blog, "The Hidden Costs of Bad Sustainability Data (And How to Fix Them)". Rio states that when sustainability and ESG reporting becomes a tick-box exercise riddled with outdated spreadsheets, human error, and disconnected systems, the consequences affect brand reputation, regulatory compliance, and decision-making. In this blog, rio breaks down the true cost of bad sustainability data - and how to fix it. ↗

Apliqo has a new blog, "Scenario planning isn’t about prediction – it’s about preparedness". Apliqo feels that by focusing on adaptability rather than accuracy, companies can better navigate unexpected challenges and leverage opportunities when disruption strikes. This piece explores how organizations can build strategic resilience through proactive scenario planning. ↗

Grata has a new article, "Private Equity CRMs: Optimizing Pipeline Management with Smart Solutions". Grata feels that not all CRMs are created equal - private equity firms need platforms tailored to their operations, multi-layered relationships and evolving pipelines. In this article, Grata breaks down how PE firms can find the right CRM and leverage it for deal sourcing, thorough due diligence, investor reporting, and real-time portfolio monitoring. ↗

AWARDS

iCapital awarded Best Private Markets Solution at the 10th Asian Private Banker Technology Awards. This award recognizes iCapital's commitment to providing dedicated support and solutions to financial advisors and wealth managers in the APAC region. ↗

Canoe Intelligence selected as the winner for the "Onboarding" award in the technology category for the 12th Annual Family Wealth Report Awards 2025. This is Canoe's second consecutive win in the same category. ↗