Today we are delighted to announce a strategic investment and partnership with ValueStream Labs in New York. ValueStream is a venture capital firm specialising in financial technology and this is their first European investment.
This news is really exciting for us and the users of our platform. First and foremost, the partnership will will help to extend Closir’s network to the US institutional investor space, who represent the largest opportunity pool for Emerging Market issuers. Over the years, US investors have been steadily diversifying their portfolios and increasing their exposure toEmerging (and Frontier) Markets. The main beneficiary of this trend from the early 2000s has been the BRICs; slowly this has expanded to encompass the 23 counties within the MSCI EM index. The scope of US institutions investing in EmergingMarkets is also quite broad, from mutual, pension and hedge funds to endowments, separately managed accounts and awidening range of passive tools. These institutions are constantly on the lookout for better ways to learn about new opportunities and Investor Relations is at the heart of telling this story.
Developed Market Holdings in Emerging Market Equities, Source: IMF
While our initial focus is on issuers in Emerging Markets and institutional investors in the US and Europe, our goal is eventually to help any investor to learn about and access any global opportunity. We are convinced technology can deliver a better experience for this process.
ValueStream has experience supporting the growth of a number of successful technology ventures and we are proud to be part of their portfolio as we continue to develop our solution.
Chief Executive Officer