With AI (partly) to thank, Canoe Intelligence tripled in value in one year and raised $36 million, including from Goldman Sachs, despite one of its analysts warning much of AI is overhyped
The Series C raise for the company that does alts drudge work for 100 RIAs -- and others -- shows the tremendous private equity appetite for all things alts distribution -- even if alts themselves continue to lag
Related Moves
Carson Group legal drama discovered by Omaha media with settlement still on table • DPL annuity sales top $3 billion milestone, two months ahead of schedule • Potomac gets serious about Seinfeld • SSGA raids Schwab for technology executive
Carson case develops • After taking 58 months to sell its first $1 billion of annuities, DPL did its third billion in six months • Potomac's Christopher Norton promises to show fun side of RIAs and thanks F-word (fiduciary) video ban • SSGA has a new COO.