KUALA LUMPUR, July 20 (Bernama) -- With Intelligence, a provider of investment data and intelligence for allocating, fund-raising and business development announced that it has received a majority investment from funds advised by Motive Partners (Motive), a specialist private equity firm focused on financial technology.
According to a statement, Intermediate Capital Group (ICG), who originally invested in With Intelligence in 2020, will invest further alongside Motive.
The investment is intended to serve as an accelerant for With Intelligence's growth, as the platform focuses on delivering leading connectivity, data and insights solutions to the Limited Partner and General Partner communities.
The investment by Motive and ICG will support With Intelligence to accelerate its data strategy and technology capabilities, continue to develop tailored offerings across various asset classes, grow the private markets offerings, and execute the next phase of the partnership and mergers and acquisitions (M&A) strategies.
Additionally, Motive's integrated operating model (IOI model), combining Investors, Operators and Innovators, will see a number of Motive team members collaborate with the With Intelligence team.
This include Charles Teschner (Industry Partner at Motive and former Chief Executive Officer (CEO) of Data and Analytics Solutions at BNY Mellon); Andy Stewart (Industry Partner at Motive, current CEO of Wilshire, and former Co-Head of Blackrock's Alternative Investment Platform); and a team from Motive's innovation division, Motive Create.
With Intelligence blends data from a variety of the platform’s proprietary brands, delivering insights that include profiles, fund information, performance metrics and analyst perspectives.
As the alternative investment landscape continues to evolve, With Intelligence is positioned to provide solutions that support mission-critical decision making across the fundraising and allocation lifecycle, for all participants in the value-chain.
-- BERNAMA
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