Canoe Expands its Canoe Pro Offering with Four New Pro Partners
Fintech takes the next step in broadening full-service solutions available to alternative investors
NEW YORK, October 22, 2024 – Canoe Intelligence (“Canoe”), the financial technology company powering smarter alts management, today announced the expansion of its Canoe Pro offering with four new Pro Partners: Deviate Consulting, Ellevate Consulting, Alpha Alternatives (formerly Lionpoint Group), and Prime Buchholz. Canoe Pro combines Canoe technology with Pro Partner services that enable clients to streamline their alts operations, make more informed decisions, and drive results for end clients. By expanding the program, Canoe gives clients greater access to vetted managed services expertise in the alts space, enabling tailored solutions that address each firm’s specific technology needs.
Canoe Pro pairs Canoe’s industry-leading document and data management technology with expert outsourced managed services for alternative investors looking for an all-in-one, fully outsourced solution to manage their investments. Each Canoe Pro Partner brings their unique aptitude to Canoe’s clients. Amplify Advisory Solutions (“Amplify”), the flagship Canoe Pro Partner, along with new Pro Partners Deviate Consulting and Ellevate Consulting, cater specifically to family offices and wealth managers. Rounding out the group are Alpha Alternatives and Prime Buchholz, both of whom specialize in serving enterprise and institutional customers. Canoe carefully matches each client with the most suitable Canoe Pro Partner based on their specific business requirements.
Kim Raymonde, Director of Partnerships & Integrations at Canoe, stated, “Expanding the network of Canoe Pro Partners is a critical step in enhancing our offering. Each new Pro Partner represents a greater ability to tailor solutions to our clients’ specific needs. By collaborating with top-tier managed service providers and integrating their expertise with our technology, we can further streamline our clients’ workflows and optimize their technology ecosystems.”
Canoe Pro Partners act as a seamless extension of a client’s operational team. They manage tasks like collecting documents, validating data and handling exceptions, integrating data into downstream systems, and even administering the Canoe platform on the client’s behalf. By combining Canoe Connect and Intelligence with these managed services, Canoe Pro accelerates the client’s value realization and ensures comprehensive workflow support on an ongoing basis.
“Canoe Pro embodies our commitment to providing truly end-to-end solutions that empower our clients. By introducing the expertise of our Pro Partners alongside our renowned technology, which has become an essential part of the alts workflow, we’re delivering an unmatched level of service and support and an unrivaled experience for our clients,” said Mike Muniz, Chief Revenue Officer at Canoe. “The rapid adoption we’ve seen this past year underscores the need for this comprehensive approach in certain market segments. With each new partner, we broaden our collective impact, driving innovation and accelerating the transformation of alts data management.”
The expansion of Canoe Pro showcases Canoe’s dedication to continuously innovating and providing best-in-class solutions for the alternative investment industry. This announcement follows the recent news of Canoe’s Series C financing round, led by Growth Equity at Goldman Sachs Alternatives (“Goldman Sachs”) with participation from existing investors F-Prime Capital and Eight Roads. Canoe Pro formally launched in November 2023 to integrate expert-managed services into the Canoe client experience.
###
About Canoe Intelligence
Canoe Intelligence (“Canoe”) is a financial technology company dedicated to advancing alternative investment intelligence for institutional investors, capital allocators, wealth managers, and asset servicing firms. Canoe empowers clients with technology, data, and insights to manage alternative assets more efficiently, accurately, and confidently. With a commitment to innovation and excellence, Canoe is redefining the future of alternative investment data management.
About Amplify Advisory Solutions
Amplify Advisory Solutions (“Amplify”) serves its clients as stewards of their data. Our mission is to help our clients unlock strategic value through technology by restructuring access to operations, technology, and solutions expertise. We are powered by a globally distributed workforce that combines decades of industry experience and extensive business acumen from building and operating private wealth management and fintech companies.
About Deviate Consulting
Deviate Consulting is a professional services firm that focuses on software selection, implementation, and back-office services for single and multi-family offices. Deviate is an independent, objective partner serving the best interests of our clients, resulting in successful long-term relationships. Deviate was founded in 2015 in Indianapolis and has a team of 25 consultants throughout the country.
About Ellevate Consulting
Ellevate Consulting (“Ellevate”) was founded in 2023 by Michelle Odom. Prior to founding Ellevate, Michelle built solutions for some of the largest and most complex RIAs and family offices at SS&C’s Black Diamond Wealth Platform. Michelle is joined by a team of wealth management and technology experts who support RIAs in all aspects of their work, from digital transformation consulting and technology optimization to full platform operations, implementation services, and M&A transition management services.
About Alpha Alternatives
Alpha Alternatives (formerly Lionpoint Group) is a leading global consulting firm delivering operations transformation and technology enablement solutions to the alternative investments market. Our consultants have domain expertise across private equity, real estate, infrastructure, and private debt. Our core services include strategic advisory, operating model optimization, technology roadmap and solution selection, and systems integration to solve the complex operational and technology challenges across the front, middle, and back offices.
About Prime Buchholz
Prime Buchholz is an institutional investment consultant, advising on approximately $73 billion in assets and serving as an investment partner to over 250 clients. Prime Buchholz is a pioneer in the world of alternative investment advising, specializing in a wide range of asset classes, including hedge funds, private equity, and real assets. With its main office in Portsmouth, New Hampshire, and additional offices in Boston and Atlanta, Prime Buchholz serves a diverse client base, including nonprofits, retirement plans, and private wealth.
MEDIA CONTACT:
Betsy Miller Daitch
Canoe Intelligence
+1 443-690-6200
bdaitch@canoeintelligence.com