Breaking
Link copied Credit Suisse’s fintech investment unit closes $261M fund
Wed, 25 Jul 2018, 13:25 pm UTC
NEXT Investors, the fintech investment unit of Credit Suisse Asset Management, has closed its second fund with approximately USD 261 million of capital commitments.
The fund, NEXT Investors II L.P., has a diverse group of investors from across the Americas, Europe, and Asia Pacific. It will invest in growth-oriented technology and financial services businesses.
"We are pleased to have the ongoing support of our expanding Limited Partner base, helping us exceed our fundraising target for the Fund, which is a testament to our investment strategy and approach,” Greg Grimaldi, Co-Head and Portfolio Manager of NEXT Investors at Credit Suisse Asset Management, said.
NEXT Investors identifies minority growth equity investment opportunities in private technology and services companies globally. Its portfolio comprises high-growth private businesses that interact with the financial services industry across sectors including Market Structure, Financial Technology, Enterprise Software, Data Analytics and Specialty Finance. It has deployed USD 498 million in capital across 71 investments, according to the official release.
"The team at NEXT Investors has been investing together for over 18 years, and by leveraging Credit Suisse's broad banking and technology platform, we are uniquely positioned to source and evaluate investment opportunities in financial services technology and to create value for our portfolio companies,” Alan Freudenstein, Co-Head and Portfolio Manager of NEXT Investors at Credit Suisse Asset Management, said.
<Copyright © TokenPost. All Rights Reserved. >
-
PUBLISH (NEWS)
$0.000692 (+1.84%)
-
Bitcoin (BTC)
$26,596.60 (-0.03%)
-
Ethereum (ETH)
$1,595.46 (+0.47%)
-
Tether USDt (USDT)
$0.999995 (0.00%)
-
BNB (BNB)
$211.42 (+0.09%)
-
XRP (XRP)
$0.512343 (+0.69%)
-
PUBLISH (NEWS)
$0.000692 (+1.84%)
Jul 15, 2021 (Thursday)
13:30 
BTC Surges by 1.16% Within 5 Mins, Marking 31,824.01 USDT
12:06
BTC Surges by 1.12% Within 5 Mins, Marking 32,104.8 USDT
10:25
BTC Drops by 1.03% Within 5 Mins, Marking 32,171.88 USDT
02:13
TriumphX Scouts 'MINAMCOMPANY' CEO Woo-Seong Lee As Creative Director
02:00
ETH Tops List Of Crypto Net Inflow With $298.96 Mln In Past 10 Hours
Jul 14, 2021 (Wednesday)
13:14
BTC Surges by 1.03% Within 5 Mins, Marking 32,738.08 USDT
09:03
BTC Surges by 1.01% Within 5 Mins, Marking 31,899 USDT
02:30
Crypto Market Sentiment On Jul 14: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $224.97 Mln In Past 10 Hours
Jul 13, 2021 (Tuesday)
02:30
Crypto Market Sentiment On Jul 13: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $178.61 Mln In Past 10 Hours
Jul 12, 2021 (Monday)
02:30
Crypto Market Sentiment On Jul 12: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Inflow With $164.82 Mln In Past 10 Hours
Jul 11, 2021 (Sunday)
21:31
BTC Surges by 1.02% Within 5 Mins, Marking 34,475.6 USDT
10:00
ETH Tops List Of Crypto Net Inflow With $122.76 Mln In Past 18 Hours
06:17
SOBA Listed On LATOKEN
02:30
Crypto Market Sentiment On Jul 11: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Outflow With $87.56 Mln In Past 10 Hours
Jul 9, 2021 (Friday)
21:40
BTC Surges by 1.08% Within 5 Mins, Marking 33,911.8 USDT
02:30
Crypto Market Sentiment On Jul 09: Market In "Extreme Fear"
Popular news
