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fundinfo announces significant investment by private equity firm HgCapital
November 17, 2016 |
Company | Businesspartner | etfinfo | Front | News | Press |
We are pleased to announce that HgCapital has made a significant investment in our company. HgCapital is a sector expert private equity investor, supporting management teams to grow industry champions. Based in London and Munich, HgCapital manages more than £5 billion for some of the world’s leading institutional and private investors.
We are proud that the company we have built up from the ground over a decade will now have access to substantial resources to further expand our services and regional coverage.
The management and operative team will remain unchanged, and as founders we will continue to hold a substantial stake in the company. It is our sincere intention to not only improve our services, but also leverage the synergies with other HgCapital portfolio companies to develop new and exciting services in the areas of fund information processing, publishing and dissemination, as well as automated fund analysis and selection.
This partnership with HgCapital will also give us a significant boost in establishing “openfunds”, a standard we helped create, as the globally accepted standard for fund data interchange.
This is a very exciting development for all of us at fundinfo, and we look forward to providing an even better service to our loyal and valued customers around the world.
More information can be found in the attached press release. You can also download the PDF here.
Please do not hesitate to contact fundinfo for further details.