Check out our weekly vendor news digest, with categories including new products, deal activity, vendor whitepapers, and more! This week's vendors include Allvue, DealCloud, FIS, MJ Hudson, Tegus, Preqin, and Sutton Place Strategies.
Weekly News: Week of 10/18/21
This week we're presenting our weekly vendor news digest, with categories including new products, deal activity, vendor whitepapers, and more! This week's vendors include Burgiss, Affinity.co, DealCloud, Altvia, Lionpoint Group, Goby, Intralinks, EWM Global, CEPRES, SS&C Advent, Northern Trust Front Office Solutions, and iConnections.
Factset Acquires Cobalt GP
Cobalt Software Inc., a portfolio monitoring solutions provider, was acquired by FactSet, a provider of financial information and analytical applications. The acquisition was decided to advance Factset’s strategy to scale its data and workflow solutions completed using targeted investments in a multi-year investment plan and expanding its private markets offering.
The Perfect Pitch? Here's What We Learned by Analyzing 50 SaaS Demos
Burgiss and Caissa Announce Merger
Yesterday the Burgiss Group, LLC and Caissa, announced that they have entered into an agreement to merge the two businesses. Once combined, the firm will become a world leader in private capital as well as in total investment plan solutions. Both Burgiss and Caissa’s products are designed to manage asset allocation, liquidity, and assessing exposure, as well as performance and risk. The products also address compliance, ESG, and climate concerns. The newly combined firm will maintain its headquarters in Hoboken, New Jersey, with over 450 employees worldwide.
Canoe, Dynamo and Affinity Report Deal Activity
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, 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.
