Fund management software developer Hentsu has been bought by Portfolio BI, also a portfolio company of Credit Suisse Next Investors.
Investment management software provider Portfolio BI closed the acquisition of Hentsu, a UK-based fund management technology developer backed by financial services firm Credit Suisse, yesterday, paying an undisclosed amount.
Hentsu supplies cloud software that helps hedge fund managers collaborate with each other and manage their data. It will be integrated into Portfolio BI’s portfolio and data management platform.
The company had secured an undisclosed amount from Credit Suisse’s Next Investors unit, Falconwood Corporation and Raptor Group Holdings in 2018.…
