Nordea Asset Management, an investment management company with more than EUR 200 billion under management, has selected DealCloud for their Private Equity offering to better track and manage deal pipelines and optimize workflows. In addition, the Private Equity team plans to leverage the DealCloud platform for relationship management.
“When searching for a provider of a platform to manage our Private Equity deal and pipeline, one criteria was to find a platform that is simple and provides an immediate overview,” said Christen Estrup, Head of Private Equity at Nordea Asset Management . “The DealCloud platform allows us to focus the time spend on assessing investment opportunities and increase pipeline transparency throughout the entire lifecycle. The ambition is that the DealCloud platform will make the whole team more efficient in a world that relies on more remote work and interactions.”
Nordea Asset Management is the leading investment manager in the Nordic Region and has developed a large global business servicing clients across Europe, the Americas and Asia. Segregated teams are established for key asset classes allowing each team to focus on their primary activity of managing money. Products are distributed through banks, asset managers, independent financial advisors, insurance companies and family offices, and in order to build long-term stable client relationships, sales teams are located around the globe with offices in Bonn, Brussels, Copenhagen, Frankfurt, Helsinki, London, Luxembourg, Madrid, Milan, New York, Oslo, Paris, Santiago de Chile, Singapore, Stockholm, Vienna and Zurich.
“We’re proud to partner with the largest financial services group in the Nordic region,” said Mike Santos, Head of Client Development for DealCloud’s EMEA operations. “It will be exciting to work with the Private Equity team in Nordea Asset Management assisting them creating more transparency around managing their Deal and Pipeline management to serve their clients worldwide.”
DealCloud, an Intapp company, provides a single-source deal, relationship, and firm management platform to enable over 900 clients to power their deal-making process from strategy to origination to execution. We offer fully configurable solutions purpose-built for the complex relationships and structures of private equity and growth capital firms, investment banks, private and publicly traded companies, debt capital providers, and other investors. For more information, visit www.dealcloud.com.
Nordea Asset Management is part of Nordea Abp, which is the largest financial services group in the Nordic region and a top 10 financial services company in Europe. Nordea serves customers through its presence in 19 countries, including its four Nordic home markets. As demand for digital services increases, Nordea is continuously working to improve the products and services offered, such as new online banking platforms, mobile payments and analytics tools, to name a few. The shares of Nordea Bank Abp are traded on the Stockholm, Helsinki and Copenhagen stock exchanges.