Digital Alpha Advisors, a premier alternative asset manager focused on Digital Infrastructure, has selected DealCloud to run its deal processes and manage its pipeline. The firm will also leverage DealCloud’s purpose-built technology for investor relations and sourcing.
“We are thrilled to partner with DealCloud for this essential component of our business,” said Dan Meade, Global Head of Business Development & Investor Relations at Digital Alpha Advisors. “Their platform is custom-built for the asset management industry and will enable Digital Alpha to optimize our investment process and continue to provide top-quality service to our investors. This is an exciting time for our firm and the sector as a whole and we believe DealCloud will be a key partner as we continue to scale and drive alpha for our investors.”
Digital Alpha focuses on the hardware, software and services that provide the “backbone” of the digital economy. The firm has a strategic collaboration agreement with Cisco Systems, Inc, with access to Cisco’s pipeline of commercial opportunities requiring equity financing as well as partnerships. Over its history, Digital Alpha has partnered and successfully executed multiple deals with leading technology and telecom companies to provide value-add solutions in complex situations requiring significant domain expertise and industry relationships. The firm’s partners include national telecom service providers, large municipalities and Fortune 500 companies.
Digital Alpha believes that it is the first fund focused on making private equity investments in the growth opportunities required to underpin the Digital Economy, with a particular focus on Next Generation Networks (NGNs), the cloud and the Internet of Things (IoT)/Smart Cities.
“Digital Alpha Advisors invests in exclusive opportunities within the Digital Infrastructure layers of the digital economy,” said Ben Harrison, President of Financial Services at DealCloud. “We are excited to work with them to institutionalize and formalize their CRM, deal management, and reporting capabilities as their team continues to experience high growth.”
DealCloud, an Intapp company, provides a single-source deal, relationship, and firm management platform to enable over 950 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, please visit www.dealcloud.com.
About Digital Alpha Advisors
Digital Alpha is an investment firm focused on digital infrastructure and services required by the digital economy, with a strategic collaboration agreement with Cisco Systems, Inc. As part of this agreement, Digital Alpha has preferred access to Cisco’s pipeline of commercial opportunities requiring equity financing. Digital Alpha believes that it is the first fund focused on making private equity investments in the significant growth opportunities required to underpin the Digital Economy, including smart cities, next generation networks, and enterprise data management and communication solutions. For more information, please visit www.digitalalpha.net.