Service Provider News & Perspectives

February 9, 2022

Shopoff Realty Investments Partners with Alternative Investment Exchange (AIX) Platform

Shopoff Realty Investments Partners with Alternative Investment Exchange (AIX) Platform February 8, 2022 | Alternative Investment Exchange (AIX) Alternate Investment Exchange (AIX), the platform making it easy to buy, own, and sell alternative investments, has partnered with and onboarded Shopoff Realty Investments (“Shopoff”) to the AIX platform. As a result, AIX is enabling all of Shopoff’s funds…

January 20, 2022

Farnam Street Real Estate Capital Selects UMB Fund Services to Administer New Private Fund

Farnam Street Real Estate Capital Selects UMB Fund Services to Administer New Private Fund January 13, 2022 | UMB Fund Services UMB Fund Services (UMBFS), a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), is pleased to announce that it has been selected to provide fund accounting, investor servicing and tax reporting for Farnam Street Real…

January 19, 2022

Unlisted Closed-End Funds: Growth Persists Despite Pandemic

Unlisted Closed-End Funds: Growth Persists Despite Pandemic November 23, 2021 | UMB Fund Services The unlisted closed-end fund structure—primarily interval funds and tender-offer funds—allows asset managers to access the mass affluent market while addressing the liquidity challenges of alternatives and illiquid securities. Nearly 80 products have been launched during the last four years and another…

January 13, 2022

If An Alternative Universe Presents Itself, Enter It. Here’s Why.

If An Alternative Universe Presents Itself, Enter It. Here's Why. January 13, 2022 | Joe Ujobai | AIX (Alternative Investment Exchange) When Apple created the iPod, it created an alternative universe: one in which people could access their entire music library from a single, palm-sized device. Until then, we stored our media on shelves that…

January 12, 2022

CAIS Announces $225 Million Financing Round Led by Apollo and Motive Partners, Exceeds $1 Billion Valuation

CAIS Announces $225 Million Financing Round Led by Apollo and Motive Partners, Exceeds $1 Billion Valuation January 11, 2022 | Business Wire CAIS, the leading alternative investment platform, today announced a $225 million round of funding led by Apollo (NYSE: APO) and Motive Partners ("Motive"), with additional investment from Franklin Templeton (NYSE: BEN), which values…

December 9, 2021

iCapital Network® Named Solutions Provider of the Year for Second Consecutive Term in 2021 MMI/Barron’s Industry Awards

iCapital Network® Named Solutions Provider of the Year for Second Consecutive Term in 2021 MMI/Barron’s Industry Awards November 15, 2021 | iCapital Network iCapital Network1, the leading global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, announced today it has been honored as the winner in…

December 9, 2021

A New Model in Transfer Agency Services

A New Model in Transfer Agency Services December 9, 2021 | SS&C A number of forces are converging to drive change in the asset management industry. Arguably the most challenging is the accelerating pace of technology innovation. At the same time, as managers endeavor to retain and grow existing investors and attract new assets,…

December 9, 2021

How to Avoid These 3 Pitfalls of Digital Transformation

How to Avoid These 3 Pitfalls of Digital Transformation December 3, 2021 | Karen Astley | SS&C The pressure to create efficiencies along with the pace of quickly evolving new technologies—including process automation and RPA to reduce human effort and artificial intelligence to guide processing and read documents—is driving digital transformation across industries. There are,…

November 30, 2021

Alternative Investment Exchange (AIX) Announces Integration with UMB Fund Services’ Systems

Alternative Investment Exchange (AIX) Announces Integration with UMB Fund Services’ Systems November 30, 2021 | Alternative Investment Exchange (AIX) Alternative Investment Exchange (AIX), an alternative investment technology firm that makes it easier for wealth managers and fund sponsors to do business in alternatives, announced the development of a direct data connection with UMB Fund Services…