SwanCap Selects Canoe Intelligence to Scale its Alternative Investment Documents and Data Processes
NEW YORK, LONDON, MUNICH, May 10, 2023 – Canoe Intelligence (“Canoe”), the financial technology company powering alternative investment intelligence, today announces a new client engagement with Munich-based SwanCap Partners GmbH, an independent leading investment boutique managing over €4 billion in AuM.
SwanCap is leveraging Canoe to automate and manage its document collection and data management processes, specifically for its capital calls, distributions, and account statements. SwanCap has implemented two of Canoe’s solutions for alternative investments:
- Canoe Connect: To automatically collect alternative investment documents from portals and email inboxes using API connectivity and deliver the aggregated documents to Canoe Intelligence (described below).
- Canoe Intelligence: To categorize, extract, and validate relevant private market investment data, to ultimately deliver clean, actionable insights to clients’ downstream systems.
Canoe’s technology will be instrumental in the transformation of SwanCap’s operational processes. Canoe’s seamless integration with SwanCap’s downstream systems will also ensure the right data is delivered to the right places and in a timely manner, eliminating additional manual steps in SwanCap’s workflow.
SwanCap is the latest addition to Canoe’s growing roster of European clients. Today, the firm works with over 200 family offices and institutional investors in North America, Europe, and Asia.
This news follows the announcement of Canoe’s continued expansion in Europe with the recent opening of its London office following a record 2022 and Series B funding round led by F-Prime Capital with participation from Eight Roads.
“We are thrilled to welcome SwanCap on board as another prominent European client. At Canoe, we are proud that our technology is helping them scale their operational processes, reinforce their competitiveness and serve their clients more effectively,” said Toby Bailey, Vice President of Sales, EMEA at Canoe Intelligence. “Since 2021, we’ve seen continued growth and have been onboarding new clients, including innovative investment managers like SwanCap, to streamline vital alternatives document and data workflows, which clearly demonstrates strong demand for our technology as we aim to further expand across Europe.”
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.
For over 20 years, the SwanCap Team has specialised in the private equity asset class with a leading track record of investment returns through multiple economic cycles. Based on trusted, long-term partnerships, SwanCap offers proven and sophisticated investment strategies in distinctive private equity segments to meet the dynamic needs of its high-calibre investor base. Prominent institutional investors and large family offices rely on SwanCap to achieve attractive risk-adjusted returns on their invested capital.
Betsy Miller Daitch