S64 Ventures, a London, UK-based global alternatives fintech and solutions partner to the wealth management industry, closed its Series A funding round of undisclosed amount.
Backers included HPS Investment Partners and Sumitomo Mitsui Trust Bank.
The new capital and strategic partnerships will accelerate the company’s growth and expansion strategy, enhancing its product manufacturing capabilities and proprietary technology platform.
Led by Tarun Nagpal, Founder and CEO, S64 is a global alternatives and technology solutions business that works with asset managers and private banks across private equity, credit, real estate, infrastructure, and impact investments to develop innovative solutions for wealth managers. Its technology platform offers full lifecycle management of alternative assets — from structuring and distribution to financing and secondary market capabilities, meeting complex regulatory and cross-border jurisdictional requirements across Europe and Asia. S64 serves GPs, asset managers and private banks.
The Series A funding follows the original seed investment which was led by AltamarCAM Partners (40 per cent owned by Permira growth equity) and included Pollen Street Capital and ACE & Company, amongst others, whose early and continuing support has been instrumental in S64’s journey.
FinSMEs
29/07/2024