News
Innocap Welcomes Bain Capital into its Shareholder Group as Platform Surpasses US$100 Billion in Assets
Innocap Investment Management Inc. (“Innocap” or “the Company”), the leading Dedicated Managed Account platform offering institutional investors a superior way to access their alternatives portfolios, today announced a strategic growth investment from Bain Capital Tech Opportunities (“Bain Capital”). This investment will advance Innocap’s next stage of growth and further enhance its technology-enabled service model, helping institutional investors structure, access, and oversee alternative portfolios with greater transparency and efficiency.
Read MoreADIA selects Innocap for dedicated managed account platform services and will become a shareholder in the Company
Innocap Investment Management Inc. (“Innocap” or “the Company”) announced today that the Abu Dhabi Investment Authority (“ADIA”) has selected Innocap to provide dedicated managed account platform services for parts of its hedge fund and equity exposures. A wholly owned subsidiary of ADIA will also become a shareholder in Innocap, with its stake set to increase over the coming years to 10%, at which point Mohammed Sghayer Khalaf Al Qubaisi, Deputy Director of the Alternative Investments Department at ADIA, will join the Innocap board.
Read MoreInnocap and BNY Mellon’s HedgeMark to create the industry’s leading alternative investment platform
Innocap Investment Management Inc. (“Innocap”) announced today that it has entered into a definitive agreement to acquire BNY Mellon’s HedgeMark business to create a single technology-enabled alternative investment platform and become the global industry leader. The consideration for the sale will be a combination of cash and Innocap shares, allowing BNY Mellon to own a minority equity stake in Innocap’s combined US$50 billion global platform, which focuses on helping institutional allocators access their investments through managed account services providing customized investment solutions, meaningful control, increased transparency, and operational alpha over their investment portfolios.
Read More
