S64 Announces Successful Close of Series A Funding Round with investments from HPS Investment Partners and Sumitomo Mitsui Trust Bank
Summary
LONDON, July 29, 2024 (GLOBE NEWSWIRE) S64, the global alternatives fintech and solutions partner to the wealth management industry, today announced the successful close of its Series A funding round which includes investments from HPS Investment Partners and Sumitomo Mitsui Trust Bank, two prominent institutional investors.The new capital and strategic partnerships will accelerate S64s growth and expansion strategy, enhancing its cutting-edge product manufacturing capabilities and proprietary technology platform. This funding round marks a significant milestone for S64, enabling us to continue to innovate and deliver private markets opportunities to the wealth management sector across Europe and Asia Pacific. S64s state of the art technology platform offers full lifecycle management of alternative assets from structuring and distribution to financing and secondary market capabilities, meeting complex regulatory and cross-border jurisdictional requirements across Europe and Asia. Trusted to deliver market-leading technology and products, S64 supports the worlds leading GPs, asset managers and private banks.HPS Investment Partners, LLC is a leading global, credit-focused alternative investment firm that seeks to provide creative capital solutions and generate attractive risk-adjusted returns for our clients. We manage various strategies across the capital structure, including privately negotiated senior debt; privately negotiated junior capital solutions in debt, preferred and equity formats; liquid credit including syndicated leveraged loans, collateralized loan obligations and high yield bonds; asset-based finance and real estate.