Canoe Nominated for Multiple Categories Across Global Fund Media’s 2023 Private Equity Wire and Hedgeweek US Awards
NEW YORK, August 3, 2023 – Canoe Intelligence (“Canoe”), the financial technology company powering alternative investment intelligence for institutional investors, capital allocators, wealth managers, and asset servicing firms, has been nominated in four categories across Global Fund Media’s two upcoming awards programs, the Private Equity Wire US Awards and the Hedgeweek US Awards.
Canoe made Private Equity Wire’s shortlist for the “Best Data Management Solution,” “Best New Solution Provider,” and “Best Start-Up Solution” categories. Winners will be named during the awards ceremony and networking reception hosted at The Penn Club in New York City on October 25, 2023.
Canoe also made Hedgeweek’s shortlist for the “Best Alternative Data Provider” category. Winners will be named the following night, October 26, 2023, also at The Penn Club in New York. Voting for both events is conducted via online polls of each respective outlet’s readership and closes on Friday, September 1st.
Through their awards programs, Private Equity Wire and Hedgeweek look to reward fund performance and service provider excellence in US-based private equity and hedge funds, respectively, across a wide range of categories. Based on voting from within the industry itself, the results help prospective clients to make decisions and choices that can add value to their own businesses.
For Private Equity Wire’s service provider categories, the nominated firms are based on a widespread survey of more than 500 GPs and other industry participants. Similarly, Hedgeweek’s nominations for service provider categories are determined via a survey of over 500 fund managers and industry participants.
This news follows numerous industry award wins for Canoe this year, including “Outsourcing/Business Process Outsourcing” at the Tenth Annual Family Wealth Report Awards 2023 program, “Most innovative use of AI in an enterprise data management initiative” at the 2023 A-Team Insight Innovation Awards, and “Best Artificial Intelligence (AI) Application (US)” at the WealthBriefing WealthTech Americas Awards 2023.
Earlier this year, Canoe announced the completion of its Series B financing round led by F-Prime Capital. Canoe’s platform has become a crucial solution for the alternative investment industry. Its global client base grew by over 200% in 2021 and continued that pace through 2022. Canoe now supports over $5T in assets under advisement.
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About Canoe Intelligence
Canoe Intelligence redefines alternative investment data processes for hundreds of leading institutional investors, capital allocators, asset servicing firms, and wealth managers. By combining industry expertise with the most sophisticated data capture technologies, Canoe’s technology automates the highly-frustrating, time-consuming, and costly manual workflows related to alternative investment document and data management, extraction, and delivery. With Canoe, clients can refocus capital and human resources on business performance and growth, increase efficiency, and gain deeper access to their data. Canoe’s AI-driven platform was developed in 2013 for Portage Partners LLC, a private investment firm. The company discusses wealth management, institutional investment, and technology topics on its blog. Learn more at www.canoeintelligence.com.
MEDIA CONTACT:
Betsy Miller Daitch
Canoe Intelligence
+1 443-690-6200
bdaitch@canoeintelligence.com