Private Client Resources, a Wilton, CT-based provider of client assets for wealth management firms and technology providers, received an investment from Public Pension Capital LLC.
PPC made the investment alongside the company management.
The financial terms of the deal were not disclosed.
The company intends to use the funds for business growth and provide liquidity to shareholders. PCR will expand sales, marketing, product development, its geographic footprint and investment in its data sharing architecture.
Led by CEO Bob Miller, Private Client Resources provides institutions, advisors, family offices, pensions, foundations, OCIO’s and technology providers a data-utility that streamlines how data on client assets are managed. It aggregates hundreds of billions in assets for industry leading private banks and solution providers.
As part of the announcement, the company has launched new global capabilities including enhancements its Digital Consent engine which expands coverage to over 30,000 managers.
FinSMEs
07/06/2019