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Altvia Awarded Most Promising Capital Markets Technology Solutions Provider 2020

CIO Review recognizes Altvia as one of the Most Promising Private Equity Solutions Providers 2020.

The private capital market industry is reaching an inflection point, with experts pointing out –’it’s now ripe for digitization.’ CIO Review noted that “The company that is steering the revolution forward in terms of how firms use data and new technologies in the most profitable way is Altvia.”

Altvia’s ability to empower the private capital markets stems from its 15-year long experience in the industry. Since its inception in 2006, the company’s focus has been to bridge the gap between the ‘providers of capital’ and the ‘managers of capital’. To this extent, Altvia recently formed a partnership with Denver-based private equity firm, Bow River Capital, to merge their nearly two decades of capital markets expertise and help the industry to evolve even further technologically.

Furthering the shared vision of reshaping the private capital markets of the future, Kevin Kelly, founder and CEO of Altvia, states, “Bow River Capital and Altvia are poised to become the epicenter of the sector’s next wave of transformation.”

Read the full article here.

Altvia Wins Buy-Side Technology Award for Best CRM Platform

Altvia is awarded Best CRM platform in the Buy-Side Technology Awards hosted by WatersTechnology. The purpose of the Buy-Side Technology awards is to recognize the leading technologies and third-party providers.

Judges keep in mind three factors when evaluating nominations for best CRM platform: specificity, innovation, and collaboration. The market-leading technologies developed specifically for use by buy-side firms, designed to allow them to operate more efficiently, transparently, and more judiciously. Innovation to address the most pressing business, regulatory, operational and technology needs. Collaboration, regulatory compliance, and managing the various risks/challenges buy-side firms face daily while also allowing them to maximize their operational efficiency.

This marks a second win this year as Altvia has also won a Silver Stevie® Award in the FinTech category at the 17th Annual International Business Awards®.

Read the full press release here.

Altvia Receives Silver Stevie® International Business Awards®

Altvia was named winner of a Silver Stevie® Award in the FinTech category in The 17th Annual International Business Awards®

The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small – are eligible to submit nominations. The 2020 IBAs received entries from organizations in 63 nations and territories. More than 3,800 nominations from organizations of all sizes were reviewed.

Stevie Award winners were determined by the average scores of more than 250 executives worldwide who participated in the judging process from July through early September.

One judge who reviewed Altvia commented, “Altvia has combined innovative, future-focused technology with proven processes to fundamentally improve the communication and relationship between General Partners, Limited Partners, and Portfolio Companies.”

Read the full press release here.

Altvia Announces Majority Recapitalization with Bow River Capital

The investment from Bow River will enable the company to accelerate growth, rapidly deliver on innovation within its product suite, and scale across every dimension

Altvia announced a majority recapitalization from Bow River Capital’s 2019 Software Growth Equity Fund. Altvia’s current management team will continue to lead the organization, with new seasoned software executives in Technology and Revenue Growth poised to join the team. The investment from Bow River will enable the company to accelerate growth, rapidly deliver on innovation within its product suite, and scale across every dimension to redefine technology’s role in the relationship between GPs, LPs, and Portfolio Companies.

Founded in 2006, Altvia is a trusted provider to over 40,000 investors and hundreds of Private Capital Market firms. The company’s SaaS platform is a secure and mobile-friendly CRM–AIM, a GP-LP engagement portal–ShareSecure, end-to-end communications–Correspond, and industry-leading business intelligence–Answers. Together these products translate data into intelligence ensuring compliance, workflow management, and a trusted and transparent experience to stakeholders in a simple and effective way, enabling rapid adoption across all types of global organizations. 

Kevin Kelly, CEO of Altvia states, “We are looking forward to working with Bow River’s Software Growth Equity team as partners to support our vision and strategy of building out the industry’s best investor and deal management software platform and company.” Kelly further states, “After evaluating multiple Investment firms and alternatives with our investment bankers, we were enthusiastic about Bow River’s SaaS expertise, operational track record building market winning companies, and their close proximity to our global headquarters in Broomfield, Colorado.”

Click here to read the full press release.

Altvia Recognizes Juneteenth as an Official Company Holiday

Starting in 2020, Juneteenth is an official company holiday for Altvia.

I am inspired by companies that have made similar policies around Juneteenth in recent days and am hopeful that those within and outside the Private Capital Markets will take a similarly bold step to be a catalyst for change and leadership.

If you are like me, you have experienced a range of emotions since George Floyd’s death on Monday, May 25 in Minneapolis. It’s ironic to me that this happened on Memorial Day, the day we celebrate servicemen and women who lost their lives fighting to protect the ideals of the United States. Perhaps Memorial Day 2020 will go down in history as the day that we as Americans were called to take responsibility for these ideals and initiate the changes necessary to be in integrity with them.

As the news coverage increased, it hit close to home as a native of the Twin Cities. While the killing took place in Minneapolis, the protests and unfortunate destruction of property spilled across the Mississippi River into St Paul. Much of the destruction in St Paul took place on the University Avenue corridor, mere blocks from where my mom grew up 70-80 years ago, and where my grandfather, the son of Irish immigrants, had a grocery store. His parents, along with other immigrants from Ireland, Scotland, Italy, and eastern Europe, came for the American Dream. It saddens me to think that there are people in those neighborhoods today that are questioning whether they can ever be included in the American Dream.

As the protests spread across the country and ultimately the world, I experienced a small taste of the conflict that can happen with different perspectives just inside of my own family. We had several heated discussions over those days with our kids alone.

As a family, we went to the protests in Denver on Sunday, May 31 to see if we could better inform our opinions by experiencing it first hand. We found ourselves saddened, angered, bothered, and even more confused. And hopeful.

The two weeks since have been a whirlwind. In quiet moments I continue to try to understand this new world we have entered and to try to find the ways that we as a company can be a force for good and a force for change.

While I alone don’t know the answer, I do know that as a company, we can start to find the answers, together.

I believe that a journey has started and in this journey, Altvia will be a tortoise.

When I first sat down to write this I had it in my mind that we were the tortoise in contrast to the hare. But then I realized the fallacy of that distinction. There is not one tortoise. I want a future where every company and every community can be tortoise. That through steady, thoughtful, and sustained action each will ultimately persevere. And while we will be a tortoise, we can still take inspiration from hares and support them as well. This is not a competition.

By closing the office on Friday for Juneteenth, Altvia invites our employees to start their own journey or accelerate a journey they may have already initiated. A journey about vision and understanding and education and love. This is about creating a future where Altvia and each of us individually can be a source of energy, inspiration, and abundance for our clients, partners, employees, and communities.

As a white person, I understand that the black community and all communities of color demand and deserve a rapid response. By stating that we will be a tortoise, I am not implying we sit on our hands and take our time, I am expressing that we’re in this to make a long-term sustained change and we understand that to do so, we need to be in for the long haul.

Internally, our team is collecting resources and designing additional programs in support of Juneteenth and our local community. We will communicate those as they are finalized and look forward to hearing about the additional steps you take as well — as always, please let me know if you have any ideas, questions, or concerns.

3 Reasons Private Equity Partners Choose Colorado

Colorado is becoming a private equity partner favorite

Colorado isn’t just hot for tech startups and energy development. It’s also quickly becoming perhaps the best-kept secret in private equity today. The Centennial State boasts a business-friendly environment and is home to one of the top-rated talent pools in the country. Many come for the beauty and adventure and stay for economic opportunities. And, more often, they’re doing it the other way around as well.

There are a variety of reasons why partners may choose to live and/or do business in Colorado. For many, the three main reasons are due to the state’s business friendliness and, by extension, flourishing economy, it’s highly skilled workforce, and the lifestyle advantages of living here.

  1. Business in Colorado.

Colorado’s economy is ranked first in the U.S. With a friendly business environment, steady growth, and low unemployment, it’s been easy for investors to see Colorado as an excellent opportunity. Forbes ranked Colorado as the eighth-best state for doing business, where companies have access to the country’s second most educated population. The magazine also ranks Colorado at number seven for growth prospects.

  1. Highly Skilled Workforce.

As previously mentioned, Colorado is home to the country’s second most educated workforce. Forbes notes that 41% of Colorado’s adult population has a college education. And the population of adults aged 25 – 34 is the second-highest in the country.

When considering where to invest (and/or where to move yourself!?), areas with a highly trained and skilled labor force offer some of the best opportunities for growth. The “brain concentration” of these types of places tend to create a sort of multiplier effect of ideas and innovation, often propelling growth even further.

  1. Lifestyle Advantages.

Among the variety of reasons, Colorado offers such a skilled and diverse workforce is due to the lifestyle advantages provided in the state. Colorado has experienced tremendous population growth over the past decade, and lifestyle has a lot to do with it. Young professionals specifically are flocking to Colorado to take in the state’s active, outdoor lifestyle. Additional lifestyle benefits include easy access to one of the country’s top-rated international airports, and an abundant arts, music, and food culture.

Colorado: An Emerging Who’s Who In Private Equity?

Some well known private equity firms call Colorado home to take advantage of these benefits and more. Partners Group, a firm based out of Switzerland, had announced it will open a second headquarters in Broomfield late 2019. Others include Black Lake Capital, Lion Equity Partners, and The Decatur Group to name a few.

A rendering of the headquarters under construction by Partners Group in Broomfield, Colorado.

At the same time, PE investment in Colorado businesses continues to be strong. Real estate investment is a favorite for many firms, but all manner of industries are represented. Colorado’s diverse economy provides ample investment opportunities for firms focused on professional services, technology, and energy development markets.

Colorado hasn’t received the investment attention of traditional hotbeds such as Silicon Valley and Boston. But, the state’s burgeoning popularity means that now is a great time to take a look at Colorado investment. The state’s business friendliness, skilled workforce, and booming economy make it a great place for business investment.

Altvia CEO to Moderate San Francisco Private Equity Forum

Altvia’s founder, Kevin Kelly will join a panel to facilitate Technology & IP Investments.

Top private equity software provider Altvia Solutions, LLC (Altvia) announced today that CEO, Kevin Kelly will lead the panel discussion on “Technology & IP Investments” at the 3rd Annual Private Equity US Fall Forum. The panel will take place on October 29, 2019, at the Julia Morgan Ballroom in San Francisco, California.

The panel description is taken directly from the agenda: Venture capital firms have been raising money at the highest rate since the dot-com boom in 2000. Is the industry large enough to sustain all these players, especially in face of an environment of high valuations and a volatile stock market? How has this influx of capital impacted the returns of investors? Our panelists will explore trends, opportunities and strategies in this transfigured environment.

Markets Group is one of private equity’s the top industry and networking events which brings together other groups in the alternative investment space such as, private wealth, real estate, and institutional investments. During the session Kelly will be moderating four respected venture capital panelists on the discussion, Josh Stein, from Threshold Ventures, Cheryl Cheng, from BlueRun Ventures, Linda Li, from Vickers Venture Partners, Hans Swildens, from Industry Ventures, and Primary Wave IP Investment Management‘s, Bill Cisneros.

Altvia’s Jeff Williams, To Attend Private Equity Europe As Guest Panelist

Private Equity Europe is coming up in just a few short weeks, and we’re excited to be sponsoring the event this year.

In its 3rd year, Markets Group Private Equity Europe is a key industry event that is expected to bring more than 300 LPs, GPs and service providers together to discuss what’s trending – and what’s working – in today’s marketplace. The one-day Markets Group event will be held at the Dorchester Collection in London on September 5th.

In addition, our VP of Products, Jeff Williams, will be hosting a round table discussion at 11:40 AM “Private Equity and Technology Investing“, as well as a panelist for the, 3:40 PM session “Technology Security, & Intelligence Influence in Private Equity”.

Panel Discussion Summary:

How are alternative asset firms managing data and cyber-security risks? Additionally, how are firms utilizing and leveraging technology to improve firm, portfolio company and limited partner relationship management and transparency? As technology evolves so has the need to integrate new platforms. Those firms who have both the internal experience to handle funds management and the technological capability to deliver effective services are likely to be the best positioned. How are managers using technology to protect their investments and integrate front, middle and back-office operations?

Joining Williams on the panel will be Andrew Hampshire, COO & CTO of Gresham House, and the scheduled moderator will be Dean Hill from Eze Castle Integration. Other members of Altvia London will be attending the event as well.

We’re excited to be part of this event, and we hope to see you there!

To learn more about the 3rd Private Equity Europe event that will be held in London, click here.