March 21, 2024
New York, NY - Asset Class, a leading provider of digital private capital management solutions, is pleased to announce an agreement with Fidus Capital to implement its IFM Investor Fund Management solution.
Fidus Capital, an investment management firm focused on providing private credit solutions to companies in the lower middle market since 2007 with offices in New York, Evanston & Charlotte, will benefit from this advanced technology integration.
Asset Class’s Investor & Fund Management solution will enhance Fidus Capital’s operations by providing streamlined digital onboarding for investors, comprehensive reporting, and efficient handling of capital calls and distributions. Additionally, real-time investor activity tracking and enhanced data functions will lead to greater operational efficiency and accuracy.
“Partnering with Asset Class has allowed us to streamline our investor communications and improve our reporting efficiency” said John Herring, Managing Director, Chief Operating Officer, and Chief Legal Officer at Fidus Capital. “Their platform provides a seamless and customizable solution that helps us focus on growing our investor base while ensuring our current investors receive the best possible service.”
“We are proud to be working with Fidus Capital as they address the needs of growing their private investor base. The focus they have on the investor experience while also ensuring their team has the technology to provide best-in-class service is truly commendable,” said Ferdinand Roberts, Chief Executive Officer at Asset Class. “Fidus Capital is a great example of how firms are adopting technology to really differentiate themselves in an ever more competitive market, and we are delighted to be able to meet their needs as the private capital market continues to grow”
About Asset Class
Asset Class is a leading platform for firms in the private capital industry. Its mission is to become the global leader powering private capital by delivering best-in-class solutions for fundraising, investor relations, investor portals, deal flow management, portfolio management, and fund administration.
Asset Class’s solutions leverage the world’s top technologies, including Salesforce (CRM), DocuSign (eSignature), and Plaid (bank-connected solution). These technologies are seamlessly integrated to provide a comprehensive product suite, serving the entire investment lifecycle for firms worldwide, including private equity, venture capital, family offices, RIAs, real estate, fund of funds, and private debt.
Established in 2019, Asset Class has locations in New York, London, Dublin, and Atlanta. With a commitment to innovation and to power private capital, their front, middle, and back-office solutions enable clients to securely digitize and grow their firms more effectively, delight their investors, and maintain compliance effortlessly.
Press Contacts for Asset Class
Sam Roberts
Asset Class
Press@assetclass.com