Canoe Intelligence

We are excited to announce that Canoe's very own Rob Calder will be speaking at the PostTrade 360 Nordic 2024, taking place on September 4 in Stockholm, Sweden! Rob's panel will explore the potential benefits and challenges of AI, data, and cloud use cases in a private assets post-trade ecosystem. Join Rob by registering here: https://hubs.li/Q02LPn-B0

Canoe made the list of finalists across four categories in the Private Equity Wire US Awards 2024 and the HedgeweekUS Awards 2024 - voting closes this Friday, August 16th! Where can you find Canoe on the shortlist? Private Equity Wire US Awards - Data Management Solution of the Year Link to vote: https://hubs.li/Q02LgVS70 Hedgeweek US Awards - AI Technology Provider of the Year - Cloud Services Provider of the Year - Data Management Solution of the Year Link to vote: https://hubs.li/Q02Lh4LL0 For more on Canoe and these nominations, visit: https://hubs.li/Q02LgRY-0 #AltsSmarter

Now that our Series C has formally closed, what's next for Canoe? The $36M round, led by new investor, Growth Equity at Goldman Sachs Alternatives, with participation from our Series B investors, F-Prime Capital and Eight Roads, will fuel our strategic initiatives, global growth, and, excitingly, the advancement of our proprietary AI model-driven financial technology solutions for alternative investors. For more detail, please visit: https://hubs.li/Q02LgR770 #AltsSmarter

How can tech cut costly manual data errors for family offices and RIAs? Tom Burroghes from Family Wealth Report reported on the subject earlier this week, with reference to Canoe's recently expanded partnership with SEI. Read the full piece here: https://hubs.li/Q02KBVdr0 #AltsSmarter

Canoe client Conway Investment Solutions expands its relationship with our team, officially joining our Partner Program to build an integration for managing alts. This integration will leverage Canoe’s open API to import client documents and data into Conway’s platform. From simplified electronic subscriptions to automated back-end reporting, Conway’s technology and investment research, combined with Canoe’s, will alleviate the operational pain points of managing alts. “Canoe and Conway are perfectly complementary, offering a comprehensive solution for financial advisors managing alternative investments. Conway’s platform streamlines alternatives’ sourcing, access and subscription, while Canoe manages post-investment data from capital calls, account statements, K1s, and more for client reporting. This integration, powered by machine learning and advanced technology, sets a new industry standard. Canoe's ability to deliver all underlying fund documentation directly from admin portals and automatically populate performance reporting systems is particularly powerful, making our combined offering unparalleled and truly end-to-end.” - R.D.Todd Baur, Co-Founder & Managing Principal at Conway Investment Solutions For more details on Conway's journey from Canoe client to partner, please visit: https://hubs.li/Q02KcRp20 #AltsSmarter #CanoePartnerProgram

Canoe's July Highlights: our 3rd annual summer social, a plethora of functional off-sites to see our team members in person, and some very fun virtual team-bonding events. And, we can't recap July without mentioning our big news: we completed our Series C financing round at $36M led by Goldman Sachs. Being able to share that news at the top of the month made the in-person meet-ups with our clients, partners, and colleagues that much sweeter! Watch our July 2024 Month in Review for more. #AltsSmarter

On July 9th, we announced the completion of our latest funding round. We're honored to have the support of new and existing investors behind us as we venture into the next stage of our business. Our Series C round was led by new investor, Growth Equity at Goldman Sachs Alternatives, with participation from our Series B investors, F-Prime Capital and Eight Roads. Canoe investor Hamilton Lane also has been a big part of our journey, serving as one of our strongest advocates in the market, and we're thankful to have the team's continued support as we cross this latest milestone. To learn more about our latest round of funding, please visit: https://hubs.li/Q02Jjd530 #AltsSmarter

With BlackRock acquiring Preqin and LSEG partnering with Dow Jones, the data landscape is undergoing a seismic shift. Canoe is proud to be mentioned as a key player in this growing space in Max Bowie's latest WatersTechnology column, "The IMD Wrap: It's the data, Cupid!". Want to learn more about the consolidation and verticalization trends shaping the data industry? Dive into Max's insightful piece here: https://hubs.li/Q02JmG6f0

We’re back with another round-up of insights from the #CanoePartnerProgram! In June, our partners were cranking out thought leadership. They shared proprietary research on productivity, analysis of private equity versus public equity over the past 20 years, and effective strategies for technology selection and implementation. These pieces offer insightful perspectives on really relevant topics impacting the alternative investment industry. Click below for more: Alter Domus: https://lnkd.in/eHEDJs3E Hamilton Lane: https://lnkd.in/dudm4bXy SEI: https://lnkd.in/e8g6uU6q Simple: https://lnkd.in/dS-7UHbf #AltsSmarter

Today, in partnership with SEI, we're announcing an enhanced integration to power the future of alternatives data management. Through this expansion, we will automate the transmission of private equity and hedge fund valuations, as well as private equity call and distribution data, to improve operational efficiency for family offices using the SEI Archway Platform. “As family offices and wealth managers increase their allocations to alternatives, they need technology that paints a more detailed, accurate picture and provides greater control over investment document workflows. We’re excited for this evolution of our strategic partnership with SEI as we work together to power the future of wealth by making alternative asset data more efficient and actionable." - Michael Muniz, Chief Revenue Officer at Canoe Intelligence For more details on this enhanced integration, read the official press release: https://hubs.li/Q02HxJvN0 #AltsSmarter