November 2, 2017 – Watertown – Dynamo Software (“Dynamo”), the premier provider of configurable, cloud-based investment management software for the alternative asset investment industry, today announced that it has acquired HoldingsInsight, a portfolio investments data capture and reporting service. This acquisition will provide Dynamo’s LP customers with enhanced exposure analysis and due diligence capabilities.
Dynamo’s acquisition of HoldingsInsight will allow limited partners to pull in-depth portfolio holdings data into their Dynamo instances. This modular solution also contains pre-built analytics and reporting functionality, bringing advanced new tools to Dynamo’s LP product lineup.
“Dynamo has built an impressive product portfolio and we see the HoldingsInsight integration as the first of a number of strategic investments to combine the rapid organic growth of the core products with targeted acquisitions to expand the company’s footprint in the alternative assets space.” said Peter Christodoulo, Partner at Francisco Partners.
“LPs demand more transparency into the underlying holdings of their portfolio funds, in order to make more informed investment decisions. Such data can come from a variety of sources and in a variety of formats – including in unstructured PDF files. Without a common standard, or the staff to convert the data into a structured format, LPs have a limited view of their exposure to risk. HoldingsInsight helps augment their investment teams and provide the data for further analysis. We also hope to one day be able to help the industry agree on common reporting standards,” added Krassen Draganov, CEO of Dynamo Software. “Acquiring HoldingsInsight is a strategic move aimed at addressing the LP market’s need for a total product offering, combining both software and data. Where data is of high quality, such as the data sourced from custodians and public market feeds, we integrate with these sources. When the data is of poor quality or highly unstructured, as is the case with the portfolios of private funds, we chose to partner with HoldingsInsight and source the data ourselves.”
Dynamo has built an impressive product portfolio and we see the HoldingsInsight integration as the first of a number of strategic investments to combine the rapid organic growth of the core products with targeted acquisitions to expand the company’s footprint in the alternative assets space. “Dynamo Software was one of our early backers and it was a natural evolution for us to become a part of the platform,” said Momchil Barros-Mitov, co-founder of HoldingsInsight. After the acquisition, he will head the data services group within Dynamo Software.
About Dynamo Software
Dynamo Software, formerly Netage Solutions, has provided premium industry-specific, configurable investment management and reporting software for the global alternative assets industry since 1998, including fund administrators, endowments, pension funds, foundations, private equity and venture capital funds, real estate investment firms, hedge funds, prime brokers, funds of funds, and family offices. Intuitive and highly configurable, the Dynamo™ platform has improved the productivity of fundraising, deal, research, investor relationship, and portfolio management teams worldwide. Collectively, Dynamo serves more than 400 clients managing over $3 trillion in assets.
About Francisco Partners
Francisco Partners is a leading global private equity firm, which specializes in investments in technology businesses. Since its launch over 17 years ago, Francisco Partners has raised over $10 billion in capital and invested in over 200 technology companies, making it one of the most active and longstanding investors in the technology industry. The firm invests in opportunities where its deep knowledge and operational expertise can help companies realize their full potential.
HoldingsInsight is a portfolio investments data capture and reporting service founded in 2016, focusing on providing limited partners with better transparency into their portfolio, resulting in better risk management and superior investment decisions.
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