New Private Equity Partners with ONE Group Solutions to Enhance Fund Governance

New Partnership Between New Private Equity and ONE Group Solutions

In an innovative move within the private equity landscape, New Private Equity (NPE), a Miami-based firm focusing on technology-driven investments, has announced a partnership with ONE group solutions. This collaboration aims to construct a robust data-driven fund governance platform catering to asset managers on a global scale.

Founded in 2019, ONE group solutions has already made a significant impact in the industry. With around 200 employees and operations across eight locations, the Luxembourg-based company efficiently serves over 200 clients, demonstrating an impressive annual growth rate surpassing 35%. The partnership will allow ONE to intensify its core market activities, particularly in the United States, a region where independent, technology-centric governance partners are increasingly sought after.

Investment Details and Strategic Goals

NPE's investment, which has received approval from the Commission de Surveillance du Secteur Financier (CSSF), supports the next phase of ONE's ambitious growth strategy. While the financial terms of the deal remain undisclosed, the arrangement ensures that ONE's founders and management team will retain significant shares, providing continuity in leadership under CEO Steve Bernat.

Through the collaboration, NPE plans to integrate its proprietary tools and applications, built on the Foundry data infrastructure platform, to enhance ONE's operational capabilities. NPE aims to create value from the very beginning of the investment process, not merely post-transaction. The two entities have already initiated several programs, including establishing a unified data and ontology layer for ONE's governance processes and upgrading core systems to facilitate product innovation. This upgraded framework is expected to bolster the already high service quality that ONE provides its clients.

Enhancing Technology and Service Quality

As part of their strategic vision, NPE encourages ONE to invest in technology, data competencies, artificial intelligence, and the automation of all fund governance processes. This investment aligns with NPE's overarching goal of developing a scalable performance and implementation model that does not compromise on service quality or customer satisfaction.

Gero Wittemann, co-founder and managing partner of NPE, expressed that the choice of partners is made after extensive consideration, stating that ONE represents the caliber of firm NPE seeks to associate with. This partnership is expected to augment ONE's potential by providing access to data, tools, and necessary implementation discipline to serve clients even better.

Francesco Barosi, another co-founder of NPE, elaborated on the straightforward investment model, emphasizing a structured approach that focuses on enhancing client support through advanced data systems and operational efficiencies. The goal is clear: to utilize NPE's Foundry implementation as a digital operating system that supports a unified data approach for governance processes.

ONE's Commitment and Future Aspirations

Steve Bernat, CEO of ONE group solutions, noted that although the company wasn't actively searching for a partner, the alignment of philosophies with NPE made this partnership an exciting opportunity. Bernat emphasized that governance needs to evolve through data and digitization while maintaining the essence of personalized, professional guidance.

Through the collaboration, NPE will work closely with ONE's team, leveraging their experience in process optimization and AI deployment to accelerate the establishment of a leading technology platform for governance solutions. This will allow ONE to enhance its service offerings and ultimately yield better outcomes for clients.

In summary, the partnership between New Private Equity and ONE group solutions signifies a significant step forward in the evolution of fund governance services. With a shared commitment to enhancing client service through technology and innovative thinking, this collaboration is set to reshape the landscape for asset managers worldwide.

For more insights about NPE and ONE group solutions, their websites provide additional details and updates on their operations and strategic initiatives.