Hazeltree has launched Hazeltree Private Markets, a treasury and portfolio finance solution to support private markets fund managers.
The expansion aims to improve operational efficiencies and controls, reduce risk and exposure, and drive performance opportunities.
It automates the lifecycle of cash management from multi-bank and internal systems aggregation to projections of known and potential cash flows to automated cash movement suggestions in line with client-configured algorithms to the execution and movement of funds across a client’s banking eco-system.
Hazeltree provides treasury teams with the transparency of cash balances, investments and credit facilities across all banking relationships, legal entities structures, and projected cash flows.
The firm also enables treasury teams to track active investment opportunities, accurately forecast cash and funding requirements from available liquidity sources, investor commitments, and credit facilities.
Commenting on the expansion, Sameer Shalaby, president and CEO of Hazeltree, said: “Over the past 18 months, we have been working closely with our private equity clients to streamline their manual cash management processes, including investor interactions.”
He added: “The launch of Hazeltree Private Markets is a natural extension and an exciting opportunity to bring our proven cash management expertise and technology innovation to a market that still relies heavily on manual processes.”
