Global investment firm Fairlight Capital Partners has acquired a minority stake in Noviscient, an award-winning fintech that is transforming how emerging and boutique fund managers launch, operate and scale institutional-grade hedge funds.
Singapore-based Noviscient supports the growth of the next generation of fund managers by reducing operating costs while significantly speeding up manager onboarding and time to market.
FundBox.ai: Platform as a Service
At the core of Noviscient's proposition is FundBox.ai, a Platform as a Service (PaaS) solution that provides end-to-end infrastructure including:
- Fund formation and structuring
- Regulatory compliance management
- Fund administration and operations
- Manager and investor onboarding
- Performance reporting and analytics
Key Benefits:
- New managers become operational within 1-2 months
- Fund setup and operating expenses up to 70% lower than traditional structures
- Build institutional track records with as little as $2m in starting capital
- Digital operating system allows managers to focus entirely on generating returns
Fairlight Capital Partners, which seeds, backs and builds specialist investment managers, joins other strategic investors in supporting Noviscient's expansion across Asia and globally.
"We meet so many entrepreneurial managers with expertise and ability but their ambitions are constrained by traditional fund setup costs and regulatory hurdles. Noviscient's model and technology lower the barriers, increase transparency and ultimately benefit end investors by giving them access to exceptional managers."
"Our investment reflects our belief in Noviscient's business model and our commitment to champion the next generation of emerging investment talent."
— Thomas Gent, Co-founder, Fairlight Capital Partners
"The investment from Fairlight is a significant endorsement of our proposition and a reflection of our shared belief that the alternative investment industry can be more accessible, scalable and efficient."
"Our proposition allows investment managers to launch funds in a streamlined, cost-effective way while providing them with a shop window to showcase their performance to potential investors. It is our belief that investment managers will increasingly embrace this way of building their track records and assets under management, and we are delighted that Fairlight is supporting this vision with a long-term commitment and strategic investment."
— Scott Treloar, Chief Investment Officer, Noviscient
About Noviscient
Noviscient is a multi-strategy, quantitative investment manager and fintech platform provider. We offer Alpha Fund strategies powered by our proprietary Structured Dynamic Learning technology, working with Alpha Partners globally to provide scalable access to alpha for investors. Through FundBox.ai, our Platform as a Service solution, we provide emerging fund managers with institutional-grade infrastructure to launch and scale their own hedge funds efficiently and cost-effectively.
About Fairlight Capital Partners
Fairlight Capital Partners is a global investment firm that seeds, backs and builds specialist investment managers. The firm is committed to championing the next generation of emerging investment talent by providing strategic capital and operational support to help managers scale their businesses.