Categories: Funding

Arcesium Announces Strategic Investment

Arcesium, an investment management technology and professional services firm, announced today that J. P: P Morgan has already invested in the company This investment helps deepen Arcesium’s strategic partnership with J. P: P Morgan, including its Securities Services business, an independent fund management provider and comprehensive outsourcing solutions to alternative fund managers, asset managers and asset owners. The terms of the investment have not been disclosed

“We appreciate the additional vote of confidence shown by this investment J. J. P: P Morgan has been an important client and partner for us for a number of years and we look forward to working together to bring joint solutions to the market,” said Gaurav Suri, CEO of Arcesium.

“This investment and collaboration underscores J’ P: P Morgan’s continued focus on the alternative segment,” said Teresa Heitsenrether, Global Head of Securities Services, J. P: P Morgan’s “The J Combination P: P Morgan’s Securities Services and Arcesium’s innovative technology are driving more scalable solutions to our clients. Through a partnership with Arcesium as a technology provider, J. P: P Morgan has offered its alternative asset manager clients solutions to their most complex business and data management challenges. “That’s right.

“Yes, J P: P Morgan is an industry leader in securities services and we have long valued the opportunity to help them streamline and automate their alternative asset managers, drive efficiency and innovation through technology,” said David Nable, Managing Director and Head of Commercial Strategy at Arcesium.

Since its launch in 2015, Arcesium has grown to support more than $150 billion in assets from a number of leading firms and more than doubled its global headcount to more than 850 employees across offices in New York City and Hyderabad, India. The D’s E E Shaw Group launched Arcesium through DESCOvery, a company incubator for innovation in non-asset management technology companies and ventures in areas such as fintech, insurtech and data analytics.

About LLC Arcesium
Arcesium is an investment management technology and professional services company Arcesium’s fully-fledged technology platform, coupled with its team of experienced hedge fund professionals, offers sophisticated solutions to the most complex challenges facing asset managers.

Built on a platform designed for its own post-trade activities, D. E E In 2015, Shaw Group launched Arcesium as an independent company with additional equity support from Blackstone Alternative Asset Management LP, the world’s largest discretionary allocator for hedge funds, which became the company’s second-largest client.

By providing state-of-the-art technology, automation and security, Arcesium’s platform is designed to enable customers’ teams to deliver unparalleled results.

For more information on Arcesium, please visit www. Arcesium: Come on,

Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/Arcesium/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co

Arpit Jain

Based in Japan and India. Has led to 1 successful fundraise in Japan. Been working the space of Venture Capital and Private Equity for the last 3 years.

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