ACE Alternatives funding news – Berlin-based ACE Alternatives Secures Seven-Figure in Seed Round Funding

It provides customized solutions for fund administration, compliance and regulatory, tax and accounting, investor onboarding, and ESG requirements by utilizing technology-driven processes and extensive industry experience.

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The investment will be allocated to the expansion of operations into Luxembourg and Ireland, which are prominent fund domiciles, as well as to the targeting of the underserved DACH equity market. In addition to enhancing AI capabilities, the company will accelerate the roll-out of it's advanced Suite7 expert software solutions, with a focus on process automation and data connectivity, to improve offerings for GPs and LPs. This includes LLM-based report scripting and Portfolio Valuation services.

It has experienced exceptional development in recent years, with revenues and assets under service increasing by more than 200% year over year. This investment is the result of this growth. Referrals account for more than 50% of new client acquisitions, with notable fund managers such as VSquared, Matterwave, Nucleus, altitude, Identity.vc, and Emergence being recent additions.

Isabella Fandrych, Managing Partner of Nucleus Capital, which recently closed its Fund Nucleus II with significant backing from KfW and other top institutional investors, commented: “The ACE team and platform services have already proven to be a significant value for us and a real strategic asset. Our investor onboarding and fund closing process has been complex and tightly scheduled – the ACE team has been extremely supportive and proactive, making this fast-closing process possible.”

Matias Collan, Founder and CEO of ACE Alternatives, expressed his enthusiasm: “This partnership with Bob Kneip is a major milestone for us. Bob is a highly accomplished entrepreneur who, over a tenure of more than 25 years, built Kneip Communication into an international market leader in financial information services for investment funds and transformed it into a digital information service company. Therefore, it was only natural to invite Bob to become Chairman of our Advisory Board. In this role, he will support the ACE management in an advisory capacity and share his extensive experience in product strategies, operational growth, and international expansion. With his strong roots and excellent networks in Luxembourg, as well as in Ireland, the UK, and other international markets relevant for ACE, Bob will be an important senior ambassador for ACE in the future.”

Felix von der Planitz assumed the role of Co-CEO at ACE Alternatives on July 1st as part of the company's strategic expansion plan. Felix, a former PwC Senior Partner and Head of Tax Compliance in Germany, will join Matias in co-leading the new ACE Tax Unit. This action enhances the senior leadership of ACE and broadens its service offerings and expertise.

Bob Kneip, speaking on his investment in ACE Alternatives, said: “My investment into ACE Alternatives, emphasized the transformative potential of their technology-driven approach. ACE Alternatives is at the forefront of the digital revolution within the alternative investment industry. The platform is designed to provide enhanced clarity, efficiency, and transparency in processes and information for both limited partners (LPs) and general partners (GPs). This innovative approach is intended to streamline fund management activities, improve data delivery, and facilitate seamless communication between fund managers and investor. This what the market is craving for!”

About ACE

ACE provides managed services that extend beyond the 'Outsourcing' of tedious backoffice duties by integrating proprietary cutting-edge technology with decades of industry experience on the operating side. It has consistently provided serviced fund managers with an it up their sleeve, focusing on delivering efficient, flexible, and customized solutions to current problem points in the industry.