David Genn, CEO, Goji commented:
Euroclear and we are thrilled to be a partner in delivering the platform infrastructure needed by the private markets sector. All investor groups are looking for private funds. This is why a digital solution is needed for all asset classes. The combination of Euroclear’s position in the funds industry with Goji’s technology and experience means we can deliver a solution together that will serve and transform the private markets industry.
Goji will allow Euroclear to expand its reach into the private market. This announcement comes after the acquisition of MFEX funds distribution platform.
Lieve Morey, CEO of Euroclear Group, stated:
Goji’s partnership supports our goal to enter the private market space. We see strong demand in the market for more scalable, digitalised solutions. Given these opportunities, it makes complete sense to add that capability to our service portfolio. This new investment, one year after MFEX was acquired, fully supports our global fund strategy to be a leader across all asset classes.
Euroclear announced recently that its net profit almost doubled in the first quarter…