#USA #Miami #Fund Governance #New Private Equity #ONE group solutions

New Partnership for Enhanced Fund Governance

In an impactful move for the asset management industry, New Private Equity (NPE) has announced a significant minority investment in ONE Group Solutions. This collaboration aims to develop a sophisticated data-driven governance platform designed to enhance the services provided to global asset managers.

Founded in 2019, ONE Group Solutions has established itself as an independent leader in fund management services, boasting over 200 clients and a team of nearly 200 professionals spread across eight offices. The company has seen impressive growth, achieving an annual increase of more than 35%. Through this partnership, NPE intends to fuel the next phase of ONE's expansion, particularly by leveraging advanced technology and Data-driven methodologies.

A Strategic Investment

This investment has received approval from the Commission de Surveillance du Secteur Financier (CSSF), indicating a robust endorsement of ONE’s plans for growth and innovation. The specifics of the financial arrangement have not been disclosed, yet it underscores NPE's commitment to supporting companies that excel in their sectors. Under the continued leadership of CEO Steve Bernat, ONE Group will maintain significant ownership while NPE enhances the company’s operational capabilities.

NPE is renowned for its focus on technology-driven companies in vertical software and service sectors. Their proprietary NPE Control Tower software, which facilitates a comprehensive digital private equity workflow, plays a vital role in identifying strategic partners like ONE. After this investment, NPE aims to accelerate development at ONE through exclusive tools built on the industry-leading Foundry data infrastructure platform.

Enhancing Governance with Technology

ONE Group and NPE have already initiated several collaborative programs targeting key operational enhancements. The first phase includes the implementation of a unified data layer and ontology across all governance workflows, thus fostering product innovation while maintaining ONE's high service quality. NPE’s relationship-oriented approach emphasizes value creation during the due diligence phase, ensuring that both partners align toward a shared vision of advancement.

ONE plans to bolster its technological infrastructure, particularly in areas such as artificial intelligence and process automation, allowing for a scalable execution model without compromising service quality. The expansion is particularly timely, as U.S. asset managers increasingly seek independent, tech-advanced governance partners. Given NPE's Miami base and its extensive U.S. network, there's a strategic advantage for ONE in penetrating this market.

Shared Values and Future Visions

According to Gero Wittemann, co-founder and managing partner at NPE, ONE is an exemplary partner due to its outstanding service delivery and potential for operational enhancement through NPE’s support framework. NPE’s investment philosophy revolves around equipping already exceptional companies with the data tools and execution rigor to exceed client expectations. Francesco Barosi, another co-founder, articulated their ambition to utilize NPE's exclusive platform, Foundry, as the primary digital operating system for ONE, merging applications and AI seamlessly into their governance workflows.

The partnership is firmly rooted in shared operational and philosophical goals. One of the striking aspects of this collaboration is that ONE’s leadership sought NPE not in need but because their technological investment ethos aligns with ONE's vision for governance evolution—one that embraces data and digital transformation. Steve Bernat articulated that the partnership is about evolving governance to leverage data and advanced technology.

Revel Wood, co-founder at ONE and responsible for strategic relationships, remarked that NPE's deep expertise in process optimization and AI augmentation has brought invaluable insights into accelerating their execution plans toward establishing a premier governance technology platform. This strategic investment promises to enhance productivity for clients and improve outcomes under ONE's stewardship.

Conclusion

The advisory roles in this deal saw NPE awarded counsel from White & Case for legal, PwC for financial, and AlixPartners for technology, while ONE was guided by PwC Luxembourg on financial matters and Vertumnus on legal guidance. This investment not only signifies a critical juncture for both firms but also reflects broader trends within the asset management industry as it becomes increasingly reliant on technology for governance and operational efficiency.

For more information about NPE and its mission, visit New Private Equity. To learn about ONE Group Solutions, you can explore their offerings at ONE Group Solutions.