Canoe, Dynamo and Affinity Report Deal Activity

Canoe, Dynamo and Affinity Report Deal Activity

Today, in a busy day for deal activity, Canoe Intelligence has announced the completion of a Series A extension funding led by clients Blackstone and Carlyle, Dynamo Software has announced a strategic growth investment from Blackstone, and Affinity has raised $80M to help close deals

Aumni Has Announced $50 Million Series B Funding led by J.P. Morgan with Participation from Pelion Partners

Aumni Has Announced $50 Million Series B Funding led by J.P. Morgan with Participation from Pelion Partners

Founded in 2018, Aumni is an investment analytics platform for private capital markets that includes venture funds, family offices, university endowments, and corporate venture firms. On August 26, 2021, they announced the closing of a $50 million Series B funding round led by J.P. Morgan. Also a participant in the round was Pelion Venture Partners with investors WndrCo, Citadel Securities, Invesco Private Capital, Vanderbilt University, and Kera Capital.

Carta Raises $500mn Using CartaX Platform   

Carta Raises $500mn Using CartaX Platform   

Carta, a cloud platform that connects the ownership network to increase transparency and liquidity between shareholders, has announced that they have raised a $500M Series G, which now values the company at $7.4B in a round led by Silver Lake. Carta was valued at $3.1 billion in the previous year.

Preqin Acquires Colmore, Latest Deal to bring Market Data and LP Portfolio Management Closer Together

Preqin Acquires Colmore, Latest Deal to bring Market Data and LP Portfolio Management Closer Together

As Preqin announces the acquisition of Colmore, PE Stack takes a look at the deal and how the stated strategy compares to other integrated market data and SaaS solutions in the competitive LP-focused solutions space.

Market Data Integration: 5 Key Considerations

Market Data Integration: 5 Key Considerations

A software platform’s ability to integrate with leading industry market data sources is a key consideration criteria often subject to false assumptions and misinformation. In an effort to improve the alignment of expectations between buyers and sellers of private capital software and data, we’ve identified the five most important considerations to ensure no nasty surprises during implementation.

Why PE Firms Need a Data Strategy

Why PE Firms Need a Data Strategy

For private equity firms, data forms the foundation from which opportunities are uncovered, decisions made and competitive advantages built. A robust strategy for the collection, structure and maintenance of data should therefore be of critical importance… but is all too often neglected or completely ignored.

Private Equity Back Office Solutions Map - Fund Administration Technology, Waterfall Calculation, Subscription and Onboarding

Private Equity Back Office Solutions Map - Fund Administration Technology, Waterfall Calculation, Subscription and Onboarding

PE Stack's solutions map shows private equity and venture capital specialized technology, software and data vendors providing services in the back office space and discusses trends, innovation and risk perception in this area.