Global Kandor selects Canoe to scale alternative asset reporting
NEW YORK, May 19, 2025 – Canoe Intelligence (“Canoe”), the platform for smarter alts management, today announced a new client engagement with Global Kandor, an independent registered investment advisor headquartered in Miami, Florida, with worldwide access serving UHNW individuals, families, and institutions.
Global Kandor is implementing Canoe Connect to automate its alternative investment document collection workflow and Canoe Intelligence to systematise its data extraction processes. The firm will also leverage Canoe’s API with Addepar for alternative asset data management needs.
Before engaging Canoe, Global Kandor had been on the search for a partner to help its team automate alts processing workflows. The firm and its predecessor companies have more than 15 years of experience investing in private markets. As such, Global Kandor has become an expert in private markets investing, with alternatives making up more than 30% of the firm’s assets.
Priorities for the Global Kandor team in this search included data quality, speed, ability to integrate with its existing platforms, and a platform that could scale alongside its growth. Canoe fit the bill on all fronts, and the firm’s existing API connection with Addepar aligned well with Global Kandor’s ongoing use of the platform. By leveraging Canoe Connect and Canoe Intelligence, the Global Kandor team will benefit from a full view of their alts documents and, in turn, a better ability to service their UHNW clients.
“We were looking for a partner in the space who had expertise in best practices and could help advise our team,” said Guillermo Vernet, Founder and CEO of Global Kandor. “As we bring on new clients, we will now have a scalable technology that can help us grow faster. In working with Addepar and now Canoe, we know we can deliver reliable alternative asset reporting. The Global Kandor team looks forward to being fully onboard with Canoe this spring and seeing how our businesses will grow together.”
Global Kandor is the latest addition to Canoe’s client roster. Today, the firm works with over 400 institutional investors, asset servicers, capital allocators, and wealth managers across North America, Europe, and Asia. The Canoe Partner Program also creates an ecosystem of over 25 technology and service partners that deliver effective integrations and remove points of friction in mutual clients’ workflows.
“We’re delighted to have Global Kandor join Canoe’s client community,” said Christopher Jones, Chief Revenue Officer at Canoe Intelligence. “Like many alts investors, Global Kandor needed more transparency into its complex alternatives document and data management workflow. We’re proud to support their team in their effort to provide a better service to their UHNW clients.”
In July 2024, Canoe completed its Series C financing round of $36 million, led by Growth Equity at Goldman Sachs Alternatives. This marks a significant milestone for Canoe, representing a more-than-three-times increase in its company valuation. The additional capital will fuel Canoe’s strategic initiatives, global growth, and advancement of its AI-driven financial technology platform for alternative investors.
As of the end of 2024, Canoe proudly operated in eight countries and 31 U.S. states to support clients across more than two dozen countries. Today, Canoe supports over 1,000 LPs, 44,000 funds, 750,000 commitments, and more than $8 trillion in assets under management and administration across its global client base. On behalf of clients, Canoe processes over 50 million documents and extracts more than 300 million data points every year.
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About Canoe Intelligence
Canoe Intelligence redefines alternative investment intelligence through AI-driven, cloud-based software that automates and streamlines alternative investment workflows. With over $8T in assets under automation and more than 400 clients, Canoe empowers institutions, LPs, and wealth managers to transform their alternatives data operations. Learn more: www.canoeintelligence.com
About Global Kandor
Global Kandor is an independent registered investment advisor (RIA) serving ultra-high-net-worth and high-net-worth individuals and families worldwide through a wide array of services: multi-family office, wealth management, and private markets consulting. The firm is headquartered in Miami with an extended reach across Latin America and Europe. To learn more please visit our website: www.globalkandor.com
MEDIA CONTACT:
Betsy Miller Daitch
Canoe Intelligence
+1 443-690-6200
bdaitch@canoeintelligence.com
