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Stock impact report

AI-based alternatives platform 73 Strings raises $55m in Series B funding [Yahoo! Finance]

Hamilton Lane Incorporated - Class A (HLNE) 
Last hamilton lane incorporated - class a earnings: 2/4 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The round was led by Growth Equity at Goldman Sachs Alternatives and saw participation from Blackstone Innovations Investments, Golub Capital, Hamilton Lane and Broadhaven Ventures. This capital injection is set to speed up 73 Strings' product development, enhancing its offerings in the $17.6tn alternative asset management sector. The Series B funding will enable 73 Strings to advance its product roadmap, introducing industry-first solutions aimed at transforming how private capital firms extract data and make decisions. The company's AI-powered platform is designed to streamline middle-office operations for alternative investments, offering comprehensive data extraction, monitoring, and valuation solutions. Its leadership team has over 300 years of combined experience in financial advisory and private markets. 73 Strings co-founder and CEO Yann Magnan said: “There is exponentially greater demand on the Alternative Asset markets, and Managers need similarly greater flexibil Show less Read more
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