Oxane Partners, a solutions provider to private markets, has achieved global information security accreditations by completing Systems and Organizations Control (SOC) audits and the International Organization for Standardization (ISO) 27001 certifications, officials say. “The completion of SOC audits (SOC 1, SOC 2, and SOC 3) emphasize Oxane’s strong controls over financial reporting, and handling of… Read More >>
Pagaya Raises $25 Million in Series C Funding
Pagaya Investments, an asset manager for alternative investments, has raised $25 million in Series C funding that will help the firm achieve its goal of reshaping asset management via cutting-edge, disruptive IT, officials say. Oak HC/FT led the $25 million round with participation from: Pagaya’s seed investor Viola Ventures, a venture capital firm that manages over… Read More >>
DTCC Targets Internal Account Transfers for Alt Investments
The DTCC, a post-trade services and systems utility provider, reports the launch of its alternative investment products (AIP) service, a new capability within its wealth management services (WMS) business to streamline the processing of internal account transfers for alternative investments. With the AIP service, “market participants can now fully automate account transfers for non-traded real… Read More >>
Ledgex Systems Unveils CRM Solution
Ledgex Systems, a Boston-based provider of portfolio management, liquidity management, research management and investor relations software for financial firms, reports the launch of Ledgex CRM, its stand-alone, customer relationship management solution designed for alternative investment managers. Ledgex CRM is a “configurable, centralized platform that is tailored specifically for hedge funds, endowments and foundations, fund of funds, pensions and… Read More >>