EQT selects Hazeltree to modernise treasury infrastructure
Latest news
EQT selects Hazeltree to modernise treasury infrastructure 11 May 2021US Reporter: Alex Pugh
Image: stock.adobe.com/salita2010
Private equity and real estate asset manager EQT has selected Hazeltree, a treasury management and portfolio finance solutions provider, to supply its treasury, cash and debt management technology.
Built in collaboration with industry players, Hazeltree Private Markets increases operational efficiencies through centralising capital activity into an integrated treasury management framework.
EQT’s project lead Tom Spicer says: “To scale our treasury management — consistently and optimally — requires taking advantage of leading-edge, private equity-specific technology from Hazeltree.
“We are looking forward to the operational efficiencies and increased controls that Hazeltree offers.”
Hazeltree CEO Sameer Shalaby says: “Hazeltree Private Markets was built to meet the needs of private fund managers of all sizes and strategies. That said, we are excited to add another ‘Top Ten’ private equity firm to our client community.”
EQT has €67 billion in assets under management across 26 active funds and EQT IX recently closed with €15.6 billion, marking it as a top ten global private equity player.
Hazeltree International head Jeremy Slade says: “We continue to see strong interest in our product offering globally, and specifically in EMEA. Partnering with EQT is a great example of how differentiated our product offering is for private equity firms.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: stock.adobe.com/salita2010 