Expansion enables more general partners, limited partners and portfolio companies in the Asia Pacific region to connect with counterparts globally and enhance their results
NEW YORK and HONG KONG, April 11, 2018 /PRNewswire/ -- Ipreo, a leading global provider of market intelligence and productivity solutions to investment and corporate professionals, reported a major expansion of its Private Capital Markets ("PCM") business driven by strong momentum in the Asia Pacific market.
Already leveraged by more than 450 clients globally, the PCM suite of solutions includes iLEVEL, iVAL, Qval, and Prism. These cloud-based technologies enable and enhance data collection, portfolio monitoring, analytics, investor reporting, valuation/audit, and fundraising, and are offered along with optional managed services for the ongoing collection and integration of fund and portfolio-company data.
The expansion includes a major extension and renovation of the Ipreo facility, along with an aggressive hiring program that will increase the PCM Asia Pacific team by over five-fold.
Ipreo officially launched its PCM division for Asia Pacific in December 2016. This new roll-out further expands Ipreo's well-established presence in the region, which includes Hong Kong, Tokyo, Beijing, Taipei, Singapore and Sydney.
Ipreo's broader suite of solutions and services serve the entire capital markets, including investors, corporate issuers, and investment banks.
"Asia Pacific has seen exciting growth for Ipreo over the past few years, particularly in the private markets," explained Kevin Black, EVP and Head of Ipreo PCM. "We have seen incredible uptake of our solutions in the Asia Pacific region in a very short period of time. The expansion we are announcing today ensures that our Asia Pacific clients will experience the same high-touch and personalized service we are famous for globally, and that we are reaching and connecting the Asia Pacific and Global private markets in ways never before possible."
In just the past year, Ipreo PCM has more than doubled its already-substantial APAC client base, and anticipates a substantial acceleration of that pace in the upcoming year.
For more information about Ipreo's Private Capital Markets division in Asia Pacific, please contact PCMemail@example.com.
Ipreo powers the networks that connect capital to ideas. We are a leading global provider of financial services technology, data and analytics, supporting all participants in the capital-raising process, including banks, public and private companies, institutional and individual investors, as well as research, asset management, and wealth management firms. Our unique, cross-asset class solutions equip our clients with the information and tools they need for more effective decision-making and a more efficient workflow. Ipreo is private equity held by Blackstone and Goldman Sachs Merchant Banking Division, and has nearly 2,000 people serving clients in every major financial hub around the world. For more information, visit pcm.ipreo.com.