CHICAGO and NEW YORK, June 13, 2022 (GLOBE NEWSWIRE) — Canoe Intelligence (“Canoe”)a fintech company powering alternative investment intelligence and GCM Grosvenor ( GCMG), a global provider of alternative asset management solutions, today announced a new partnership in which GCM Grosvenor will implement Canoe’s technology to automate its managers’ data mining processes and help increase business scale and efficiency. Additionally, GCM Grosvenor integrates Canoe technology in new ways to automate highly manual accounting workflows into corporate investment processes.

“GCM Grosvenor is delighted to partner with Canoe Intelligence as part of our broader efforts to leverage technology to deliver new and innovative solutions to our customers,” said Eric Levin, Chief Technology Officer at GCM Grosvenor. . “Canoe’s advanced technology is perfectly suited to our data needs and automation-focused workflow processes, and will allow us to scale further and create efficiencies.”

In a Canoe Customer SpotlightMr. Levin discusses the company’s approach to technology implementation and the efficiencies achieved over the past few years.

Canoe serves more than 175 alternative investment clients, who rely on Canoe to automate their document and data management processes. These more than 175 innovative global clients have evolved their complex data processes, systematized unruly document collection practices and trust Canoe as their partner to power alternative investment intelligence.

“Similar to GCM Grosvenor, Canoe challenges the typical alternative investment workflow at every opportunity. This fundamental alignment between our organizations reinforces our partnership and our cutting-edge approach to harnessing data and technology,” said Michael Muniz, Chief Revenue Officer and Partner at Canoe Intelligence “We are excited to be working with the GCM Grosvenor team to enable access to deeper datasets and implement solutions to help the business manage its processes more effectively.” Together, we aim to elevate the practice of alternative investing for GPs, LPs and all market participants with greater accuracy, efficiency and connectivity.

About Canoe Intelligence
Canoe Intelligence is redefining alternative investment data processes for hundreds of leading institutional investors, capital allocations, asset management firms and wealth managers. By combining industry expertise with the most sophisticated data capture technologies, Canoe’s technology automates the highly frustrating, time-consuming and costly manual workflows associated with managing, retrieving and delivering documents and alternative investment data. With Canoe, customers can refocus their capital and human resources on business performance and growth, increase efficiency, and gain deeper access to their data. Canoe’s AI-powered platform was developed in 2013 for Portage Partners LLC, a private investment firm. Learn more: www.canoeintelligence.com

About GCM Grosvenor
GCM Grosvenor (GCMG) is a global provider of alternative asset management solutions with approximately $71 billion in assets under management across private equity, infrastructure, real estate, credit and absolute return strategies . The firm has specialized in alternatives for over 50 years and is dedicated to delivering value to its clients by leveraging its versatile and flexible investment platform. GCM Grosvenor’s experienced team of approximately 520 professionals serves a global clientele of institutional and high net worth investors. The company is headquartered in Chicago with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong and Seoul. For more information visit: gcmgrosvenor.com.

Media Contacts
Canoe Intelligence
Betsy Miller Daitch
[email protected]
443-690-6200

GCM Grosvenor
Tom Johnson and Will Brown
Abernathy MacGregor
[email protected] / [email protected]
212-371-5999

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