The funding will enable S64 to capitalise on growing demand for alternative investment solutions.
London-headquartered S64,
a global alternatives fintech and solutions partner to the wealth
management industry, has just closed its series A funding
round which includes investments from HPS Investment Partners and
Sumitomo Mitsui Trust Bank, two prominent institutional
investors.
The new capital partnerships will accelerate S64’s growth and
expansion strategy, enhancing its product manufacturing
capabilities and proprietary technology platform, the firm said
in a statement. This investment will support the firm”s ambition
to unlock rising demand from private investors seeking access to
a leading range of global alternative investment opportunities.
“We believe that S64 is well-positioned to capitalise on the
growing demand for alternative investment solutions and look
forward to supporting their journey and continued success,” Tom
Wasserman, managing director of HPS Investment Partners
responsible for the firm’s strategic growth equity
investments, said.
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.
S64 Ventures is a global alternatives and technology solutions
business bridging the opportunity for wealth investors in private
markets. It works with world-class asset managers and private
banks across private equity, credit, real estate, infrastructure,
and impact investments to develop innovative solutions for wealth
managers.