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Fund services news

ACE Alternatives secure major investment from Kneip


05 August 2024 Germany
Reporter: Jack McRae

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Image: stock.adobe.com/tete_escape
ACE Alternatives, an alternative asset fund service provider, has received major investment from Bob Kneip.

Kneip will be joining ACE as chairman of the Advisory Board.

With the investment, ACE aims to expand operations into Luxembourg and Ireland.

The firm also wishes to accelerate the roll out of its Suite7 software solutions which focus on process automation and data connectivity.

Matias Collan, founder and CEO of ACE Alternatives, comments: “[Kneip] will support the ACE management in an advisory capacity and share his extensive experience in product strategies, operational growth, and international expansion.

“With his strong roots and excellent networks in Luxembourg, as well as in Ireland, the UK, and other international markets relevant for ACE, Bob will be an important senior ambassador for ACE in the future.”

Kneip adds: “My investment into ACE Alternatives, emphasised the transformative potential of their technology-driven approach. ACE Alternatives is at the forefront of the digital revolution within the alternative investment industry.”
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