Private markets investment platform Titanbay has successfully closed a Series A funding round, securing the backing of Motive Partners, abrdn and FNZ.
Titanbay offers unparalleled access to top-tier private markets funds to institutional investors both directly and in partnership with leading private banks and wealth managers. Through its innovative technology platform, it gives investors access to curated best-in-class funds, as well as bespoke structuring, streamlined marketing and operations, professional analytics, and potential liquidity via a secondary market.
Titanbay also supports private banks and wealth managers by simplifying investing in private markets for a wider client-set through institutional level of access, reduced investment minimums and technology solutions.
Through the partnership with abrdn, Titanbay will benefit from its fund selection resources, expertise in building tailored private equity solutions, leading ESG capability and privileged access to GP allocations including co-investment and secondary opportunities. Additionally, abrdn and Titanbay are exploring opportunities to offer Titanbay’s platform within their wider ecosystem.
We advised Titanbay on the Series A investment round.
Commenting on the deal, Russell Holden, Corporate Finance partner, said: "Titanbay's rapid growth has been cemented with this latest funding round. The private markets investment sector remains an untapped area for wealth management and Titanbay's vision in making these markets accessible through its platform has secured clear investor confidence. We look forward to seeing Titanbay's continued success and growth."
Thomas Eskebaek, CEO of Titanbay, added: “We are delighted to have received the backing of Motive Partners, abrdn and FNZ for our Series A and Taylor Wessing's support and advice on this deal has been invaluable. We look forward to working closely with all of our new investors, the calibre of whom is testament to the quality of the platform we have built, and the strong market demand for solutions that widen access to the private markets in a responsible and sophisticated manner."
The deal was led by partner Russell Holden with support from associates Bhavna Pattanaik, Andra Hotomega and Joe Fallon, and trainee solicitor Amie Corry.