Linnovate Partners Secures $40M Investment Boost from Seatown 

Linnovate Partners, a force in asset servicing and financial technology (FinTech) for the alternative investment sector, has recently concluded an investment commitment. 

Headquartered in Singapore, Linnovate Partners specializes in asset servicing and financial technology solutions tailored for the alternative investment industry. The investment, totaling $40 million, was spearheaded by SeaTown Private Capital Master Fund, managed by SeaTown Holdings International Pte. Ltd.

SeaTown, managed by SeaTown Holdings International Pte. Ltd., is one of the leading players in the Asian market for alternative investments. It operates under Seviora, Temasek’s asset management arm. The financial injection is expected to help Linnovate Partners further along its growth trajectory.

The $40 million investment from Seatown will serve as a medium for enhancing Linnovate Partners’ operational capacities and driving technological advancement. Amid a period of rapid expansion and escalating demand for its technology-driven services, this funding will equip Linnovate to adapt to evolving client needs and push the boundaries of tech innovation.

Innovate Partners has been acclaimed for its role in manual mid-to-back-office operations within fund administration through tech solutions. The firm has a comprehensive array of services, encompassing Fund Administration, Investor Relations, Regulatory Compliance, Portfolio Monitoring, Reporting Services, and Technology Consulting Services. 

Central to their suite of offerings is RAISE, a proprietary, cloud-based platform that seamlessly integrates these services into a cohesive ecosystem, optimizing functionality and enhancing user experience for clients worldwide.

With Linnovate citing “rapid growth and increasing demand for its tech-enabled services,” the capital injection will enable the company to further refine its offerings and expand its operational reach. Henry Lin, Linnovate Partners’ Founder and CEO, lauded the investment as crucial for their growth trajectory, equipping them with the requisite resources to enrich their service portfolio and perpetuate the delivery of solutions to both clients and the broader industry.

Linnovate Partners, with a global presence, currently oversees assets exceeding US$130 billion across more than 600 private equity and venture capital funds. This portfolio shows the firm’s extensive reach and expertise in asset administration within the investment sector.

SeaTown’s Managing Director, Dickson Loo, intends to leverage their network, resources, and expertise to advance Linnovate’s ascent. 

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