Hg, an investor in European and transatlantic software and services companies, and S64, a worldwide alternatives fintech and solutions partner to the wealth management industry, have strengthened their cooperation with the introduction of Hg’s flagship Hg Fusion offer through an Australian Unit Trust.
Hg and S64 established a collaboration in 2023 to support Hg’s new private wealth offering by utilising S64’s superior technological and product manufacturing capabilities. Hg Fusion is a long-term, open-ended capital investment option that gives non-US citizens access to Hg’s funds as well as co-investments in businesses that are part of the funds.
With the announcement, the cooperation is further expanded as Hg Fusion is now available to the Australian wealth management sector, which includes advised retail investors, wholesale investors, and wealth advisory platforms.
S64’s Australian Unit Trust Platform enables financial intermediaries to deliver private market possibilities to wholesale and advised retail clients by offering product manufacturing solutions and end-to-end digital lifecycle management.
Moreover, S64 is a trusted partner of the world’s premier private equity firms, asset managers, and private banks in EMEA and APAC, who rely on its modern technology and unrivaled product production capabilities to gain access to private markets. It is a key manufacturer of retail access solutions such as ELTIFs, AUTs, and evergreen semi-liquid funds, feeders, and securitised solutions.
Martina Sanow, partner, and head of Hg Wealth said: “We are delighted to expand our partnership with S64 and launch Hg Fusion for the wealth management industry in Australia. More private investors are looking to diversify their investment portfolio into high performing and resilient sectors. Meanwhile, the growth of private capital means that high quality software and services businesses are staying private for longer, making it hard for investors to get access these through public markets.”
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By GlobalDataTarun Nagpal, founder & CEO of S64, added: We are delighted to expand our partnership with Hg by unlocking access to Hg Fusion for the Australian wealth management industry. This exciting step is testament to S64’s long-standing partnership with Hg and unprecedented demand for private markets opportunities from the Australia’s wealth managers and financial intermediaries. S64’s Australian Unit Trust Platform is a gateway for the Australian Wealth Management industry to access world-class private markets opportunities, fusing S64’s market leading product manufacturing capabilities with our cutting-edge technology innovation.”
Matt Stovold, head of Australia & New Zealand, S64 shared: “We are thrilled to launch Hg Fusion on the S64 Australian Unit Trust Platform. For the first time, Hg’s world class investment capabilities have been unlocked for advised retail and wholesale investors in Australia.”