Standish Management Makes Strategic Investment in Redwood Valuation
Summary
SAN FRANCISCO--(BUSINESS WIRE)--Standish, one of the leading independent providers of fund administration services to Private Equity, Venture Capital, and Real Estate managers, today announced a strategic investment in Redwood Valuation, a leading provider of valuation services for technology and life science companies. The two companies will join forces to strengthen the marketplace for Standish’s fund administration clients by offering critical portfolio valuations in real-time. “Redwood’s unparalleled experience and technical expertise leads to higher quality and defensible results, giving us a clear differentiator compared to automated solutions.” Redwood Valuation is a leading provider of valuation services for technology and life science companies. Founded in 2007, Standish has grown steadily and currently has over $150 billion in committed capital under administration, administering over 2,500 entities and reporting to more than 30,000 LPs. Standish is based in San Francisco with major offices in Los Angeles, Palo Alto, Boston, Seattle, Dallas, Denver, Chicago, and New York.