ROYC, a platform-as-a-service provider for alternative investments, has partnered with private investment firm Ardian, the firms said in a statement today.
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ROYC will act as a key partner for Adrian, which has around $180bn (£133bn) in assets under management, in the rapidly-growing private wealth segment in Europe.
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“We are proud to partner with Ardian, sharing the belief that technology and a data-driven approach are essential for enabling more LPs to invest in Ardian’s funds cost-effectively”, said Mathias Leijon, founder and president of ROYC.
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“ROYC has made a strong impression on us with its technological platform and professionalism, and hey will be an important partner to expand our activities in private wealth and in particular for the fundraising of our Ardian Secondary Infrastructure Fund IX,” added Erwan Paugam, head of private wealth solutions at Ardian.
