Press

Press

S64 and Hg join forces to launch transformative private wealth offering enabling greater access to Hg’s funds

London, October 23, 2023

  • S64, the leading global alternatives solutions and technology business, has partnered with Hg, one of the top three largest private equity firms in Europe, to underpin Hg’s new private wealth offering, leveraging S64’s unrivalled technology capabilities.
  • Hg Fusion, an open-ended and long-term capital investment opportunity, enables access to Hg’s investment strategies through a single investment.
  • It is the latest major industry partnership for S64 whose industry-leading alternative product expertise and technology revolutionises private wealth intermediary access to private markets.
S64, the trusted alternative investments fintech and solutions partner to the world’s leading asset managers and private banks, has partnered with Hg, a leading investor in European and transatlantic software and services businesses, to launch a new private wealth offering. Hg Fusion is an open-ended and long-term capital investment opportunity that provides non-US individuals with the opportunity to access Hg’s funds and co-investments in companies alongside the funds.
Hg Fusion has been manufactured in partnership with S64, integrating its market-leading private markets technology platform to deliver scalable access and end to end lifecycle management for wealth clients across Europe and Asia. Led by its founder Tarun Nagpal, S64’s team has led the way in industry innovation for more than a decade,  pioneering alternative investment access platforms and technology solutions. As the leading European manufacturer of open-ended private markets funds, ELTIFs and feeders, S64 is trusted to deliver products, solutions and market leading technology to the world’s leading GPs, asset managers, and private banks.  
Tarun Nagpal, CEO of S64, added: “We are excited to be working alongside Hg, a market leader in software and services bringing their deep end-market knowledge and world-class operational resources to create this seminal product to expand Hg’s offering to private wealth clients. S64 is uniquely placed at the cutting edge of private wealth product innovation coupled with our industry leading technology platform to support the end to end marketing and product lifecycle meeting all key regulatory and jurisdictional needs of clients across Europe and Asia. We believe this partnership is another key milestone in the ongoing democratisation of private assets around the world. Private markets have seen a seismic shift in recent years as the private wealth industry recognises the critical importance of these asset classes.”
Martina Sanow, Partner and Head of Hg Wealth, said: “We are delighted to be working with S64 in the development and launch of Fusion, tapping into S64’s best-in-class product innovation and technology expertise, to offer private investors a unique way to invest in our growing portfolio. More private investors are looking to diversify their investment portfolio into high performing and resilient sectors. Meanwhile, the growth of private capital means that high quality software and services businesses are staying private for longer, making it hard for investors to get access these through public markets. ”