Innocap Investment Management Inc., the leading Dedicated Managed Account platform offering institutional investors a superior way to access their alternative portfolios, today announced a strategic growth investment from Bain Capital Tech Opportunities. This investment will advance Innocap’s next stage of growth and further enhance its technology-enabled service model, helping institutional investors structure, access, and oversee alternative portfolios with greater transparency and efficiency.
In conjunction with the investment, Innocap announced it has surpassed US$100 billion in platform assets, marking a significant milestone for the company’s continued growth as the preferred platform for institutional investors accessing alternative investments.
Combining deep sector expertise with proprietary workflow automation and a secure tech infrastructure, Innocap provides institutional allocators with a superior way to access, structure, and oversee their alternative investments through Dedicated Managed Accounts (DMAs). With more than US$4.8 trillion allocated to alternative assets globally and growing, DMAs are increasingly recognized as a superior solution, unlocking significant incremental alpha compared to traditional investment vehicles.
Innocap’s people, processes, and purpose-built technology work together to deliver high-touch service and trusted governance. As the leader in this rapidly expanding market, Innocap continues to help institutions build resilient, long-term partnerships across the alternative investment ecosystem.
“Bain Capital’s investment marks an exciting new chapter for Innocap and for the future of DMAs,” said François Rivard, Chief Executive Officer of Innocap. “Assets on Innocap’s platform have doubled in three years, and this investment will enable us to continue scaling to meet the demands of global allocators, from alternative asset managers and pensions to endowments and sovereign wealth funds. Bain Capital’s partnership will also enable us to pair world-leading AI and fintech expertise as we swiftly advance Innocap’s technology stack to deliver clear wins for clients.”
“The alternative investment ecosystem is at an inflection point, driven by institutional allocators’ growing demand for customized solutions and greater transparency, control, and capital efficiency,” said Michael Grandfield, Managing Director at Bain Capital Tech Opportunities. “Innocap has been at the forefront of this evolution, combining proprietary technology with deep operational expertise to meet the complex needs of its clients. We’re excited to partner with François and the team to build on Innocap’s market leadership and enhance its technology-enabled platform to further empower institutional investors with greater insight and control.”
Bain Capital joins tenured shareholders, including Innocap senior management, La Caisse, BNY, Walter Global Asset Management, BNP Paribas, and ADIA.
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