Canoe Expands EMEA Presence With New Clients, New Office And New Senior Hire Date
10/03/2021
Canoe Intelligence (“Canoe”), a financial technology company focused on reimagining data management processes for alternative investors, wealth managers, asset servicing firms and capital allocators, today announced it has expanded its EMEA presence with new clients, a new London office and the hire of Toby Bailey as Vice President of Sales, EMEA.
The alternative assets industry in Europe is robust and growing, making it the optimal time for Canoe to expand its presence in the region. Total assets under management for Europe-based alternatives funds reached EUR2.00 trillion for the first time as of the end of 2019, according to Preqin s 2020 Alternative Assets in Europe report[1]. This is up from EUR1.79 trillion at the end of 2018, and EUR1.39 trillion at the end of 2015.