News

Aquiline Capital Partners Becomes Majority Shareholder of BI-SAM

NEW YORK and PARIS, July 10, 2012 – Aquiline Capital Partners LLC (“Aquiline”), a New York-based private equity firm investing in financial services, today announced that it has become the majority shareholder of BI-SAM Technologies (“BI-SAM”), the leading provider of data management, performance, attribution, risk, GIPS and reporting solutions for the asset management industry.

BI-SAM was founded in 2000 by Alexandre Harkous, Christophe Volard and Xavier Chaude, experts in asset management and analytics technology. Over the next 12 years, the team built BI-SAM’s B-One® platform into the market leader, serving Tier I asset managers across Europe, North America and Asia.

As the majority owner, Aquiline will provide financial and operational support, including North American presence and expertise, to aid BI-SAM in its plan for growth and expansion. BI-SAM intends to increase its market share across all tiers of the global asset management industry.

BI-SAM will continue its strategy of global expansion and bolster its client services and implementation partnerships. BI-SAM plans to increase materially the size of its workforce over the next three years, most notably in North America and the Asia-Pacific region, to further its growth and operations in those geographies.

“BI-SAM’s success is a reflection of the quality of our team and our B-One® platform. This platform has enabled asset managers all over the world to adapt to evolving regulation, reduce risk and operational costs, measure and analyze portfolio performance, and enhance their client communication,” said Alexandre Harkous, CEO of BI-SAM. “With Aquiline’s support, we now have the proper resources to drive our strategic plan forward and to grow both organically and through acquisition while delivering the best solutions and services to our customers.”

“We chose to invest in BI-SAM in partnership with the management team because of its strong competitive position, high growth potential, and its clear vision for the future,” said Jeff Greenberg, Chief Executive of Aquiline. “BI-SAM’s unique, full-service offering allows asset managers to improve their operations and better service investors by increasing their efficiency and transparency, and we look forward to supporting the continued growth and expansion of the business.”

Terms of the transaction were not disclosed.

About BI-SAM & B-One®

Created in 2000, BI-SAM is the market-leading integrated solution for data management, performance measurement and attribution, risk management, GIPS, and client reporting. Its award winning B-One platform leverages a single database to deliver performance and risk data to performance, investment, marketing and client service teams via an easy-to-use browser-based user interface and advanced reporting solution. B-One delivers improved scalability and client service whilst reducing operational risk in today’s complex and integrated technology environment. BI-SAM’s integrated and innovative solutions have already been adopted by many renowned investment managers with assets under management ranging from 1 billion to 1.5 trillion Euros in more than 10 countries. For more information on BI-SAM & B-One, please click here.

About Aquiline Capital Partners LLC

Aquiline is a private equity firm based in New York investing in financial services enterprises in industries such as property and casualty insurance, banking, securities, asset management, life insurance and financial technology. Aquiline seeks to add value to its portfolio companies through strategic, operational, and financial guidance.