Galaxy Investment Partners LLC, the Family Office of Michael Novogratz Selects Canoe Intelligence
NEW YORK, July 22, 2021 – Canoe Intelligence (“Canoe”), a financial technology company focused on reimagining data management processes for alternative investors and allocators, today announced a new client engagement with Galaxy Investment Partners LLC, the family office of Michael Novogratz.
Galaxy Investment Partners LLC is implementing Canoe’s technology to automate and scale its alternative investment processes from document collection and data extraction to delivery, and establish the infrastructure needed to support the company’s continued growth
Michael Novogratz is the Founder, CEO and Chairman of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Prior to Fortress, Mr. Novogratz spent 11 years at Goldman Sachs, where he was elected Partner in 1998. Mr. Novogratz served on the New York Federal Reserve’s Investment Advisory Committee on Financial Markets from 2012 – 2015. Mr. Novogratz serves as the Chairman of The Bail Project and has made criminal justice reform a focus of his family’s foundation.
“We’re pleased to be working with firms like Galaxy Investment Partners LLC to help modernize their alternative investment infrastructure and implement automated technology that drives sustainable business growth,” said Tim Loughrey, Head of Client Success at Canoe Intelligence.
About Canoe Intelligence
Canoe Intelligence reimagines 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. Learn more: www.canoeintelligence.com