Thrive Alternatives officially launches to reshape private market industry

By Hope Hill |

Thrive Alternatives has established itself as a private funds advisory firm and has officially announced its entry in the private market sector. The company has taken root with the aim to address the vital role that Asia has, as an investment hub. Furthermore, Thrive also prides itself on its mission of bridging the market gap for intelligent technology necessary for institutional fundraising in the future as well as global capital markets.

Thrive Alternatives is headquartered in Singapore. The firm has provided Limited Partners and General Partners a much better access to market information worldwide, that has been fragmented and siloed geographically. Thrive has also adopted Asense, thereby depicting its commitment to pour in capital in technologies that help address the complexity of client requirements, which is currently lacking in the industry.

For the record, Thrive is presently being led by Co-Founders and CEOs, Gianluca D'Angelo and Jackson Chan. While D'Angelo was earlier the Head of EMEA at Eaton Partners, Chan previously was the Head of client services and private funds distribution for Hamilton Lane and Eaton Partners in Asia.

Chan and D'Angelo will be joined by Chris Lerner, who will serve as Senior Advisor to the company. Earlier, Lerner was at Eaton Partners, serving as the Head of Asia. They will also be joined by Robin Tyrangiel, the Managing Director and Co-Founder of Thrive, and also the founder of Asense.

Gianluca D'Angelo has been quoted to state that he and his peers are very glad to reunite as a team and use their combined expertise to advise General Partners regarding market fundraising and liquidity solutions. In order to accomplish the same, the company will be leveraging its interface, designed to ensure that the process is integrated and efficient, as well as its data analytics and technological capabilities, D’Angelo says, adding that as a firm, Thrive aims to bring about some innovation in a conventionally antiquated industry across multiple dimensions.

Jackson Chan was reported saying that the cross border capital that flows in and out of Asia will lead to a massive growth spurt in the private markets industry over the next ten years. Up until now, Thrive is the only private funds platform worldwide that has put down roots in Asia but still has a presence in every major financial city, Chan adds.

For the unversed, Thrive boasts of more than 20 talents spanning 8 locations worldwide, positioning itself as a major fund distribution network in Asia.



Source Credits:

https://www.prnewswire.com/news-releases/thrive-alternatives-launches-to-disrupt-the-global-private-market-industry-301389562.html

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