Connor Hussey
The tech provider completed its Series A round of financing with strategic partners that include Hamilton Lane and Nasdaq Ventures, as the firm looks to scale.
The new hire signals the PE giant is diving even deeper into tech funds.
The firm’s executives said on its Q4 earnings call that it has ‘several initiatives’ for retail and high-net-worth investors in development.
Despite CFOs making big strides to own the data management process, there is no silver bullet when it comes to managing technology – and being too hasty can cost you.
An audience poll at the CFOs & COOs Forum voted on whether GPs should tactically invest to avoid the three-year carried interest rule.
The Neuberger Berman COO expressed his admiration for regulation in Europe and thinks there will be a concerted push to bring AML and KYC rules to US private markets.
The partnership will see State Street scale its fund functions, making them more accessible to non-institutional investors, such as retail.
Despite complete GIPS 2020 compliance being a goal a year or two down the road, calculating daily IRRs is a first step that will satisfy investors, say panelists.
The firm has successfully implemented Hazeltree Private Markets platform in its latest push for scale.
Fundraising and deal activity have slowed for PE in Europe, despite administrative and support staff expecting increased compensation.