Hazeltree has engaged in a strategic partnership with Lionpoint Group to launch the latter’s treasury management practice for private capital markets, encompassing private equity and debt, real estate and infrastructure.
As a provider of integrated treasury management and portfolio finance solutions for investment managers, Hazeltree administered industry-specific treasury management technology in the alliance, while Lionpoint provided consulting and professional services designed for private capital market clients.
Going forward, Lionpoint’s treasury management practice will advise clients on how to re-engineer their cash, treasury and operational processes in order to utilise Hazeltree’s treasury solution.
Jonathan Balkin, co-founder and executive director at Lionpoint, explains: “The industry is just now turning to technology to support their cash and credit line processes, through workflow and data integration. The primary motivator of change is vastly improved internal controls and operational efficiencies.”
“Our partner Hazeltree has led the way in the development of private markets specific treasury management software; they stand out as the single vendor that deeply understands and serves this specialised market of asset managers,” Balkin continues.
Addressing the alliance, Sameer Shalaby, president and CEO of Hazeltree, adds: “Both of our firms share a similar conviction that meaningfully serving private markets clients requires a deep understanding of – and sharp focus on – the unique and intricate workings of our clients’ business.”
