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March 31, 2022updated 01 Apr 2022 5:53am

FE fundinfo bolsters European footprint with Funds360 acquisition

FE fundinfo has acquired the French fund data and solutions provider Funds360 from Euronext for an undisclosed amount.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
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  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
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by GlobalData
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The acquired entity, which has offices in Fontainebleau and Paris, was founded in 2011.

It provides fund data, life insurance schemes, real estate investment vehicles as well as equities, bonds and structured products to back offices and solution providers across banking, asset management, wealth management, insurance, media and fintech industries.

Funds360 also provides regulatory look-through solutions and media solutions to its customers.

Funds360’s data set and its footprint in the French fund market is expected to bolster FE fundinfo’s existing fund data and technology capabilities in the UK, Continental Europe and Asia.

FE fundinfo chief executive Hamish Purdey said: “We share a similar philosophy with Funds360 in making investment data accessible across the global fund data landscape to make investors better connected and better informed.”

The deal is said to follow a period of rapid organic and inorganic growth in Europe for FE fundinfo.

Last August, the firm strengthened its presence in the Nordic fund industry with the acquisition of Denmark-based fund data and technology company FundConnect.

Earlier last year, it also bought Center for Social and Sustainable Products to expand its ESG capabilities.

Recently, FE fundinfo struck a strategic alliance with the Luxembourg Stock Exchange (LuxSE). It plans to purchase Luxembourg-based fund registration and regulatory services provider Fundsquare as part of this partnership.

Funds360 managing director Olivier Bellescize said: “We’re delighted to be joining the FE fundinfo family and play an active part in the business’ vision to create a Pan-European fund data and technology champion.

“This transaction enables us to further broaden and deepen our set of solutions to our clients and to continue to drive the agenda for transparency and efficiency in the collection and distribution of fund data.”

Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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