Acuity Knowledge Partners Wins Private Equity Wire’s US Credit Award for ‘Middle Office Services of the Year’
New York, October 10, 2024 – Acuity Knowledge Partners (Acuity), a leading provider of bespoke research, analytics, and technology solutions to the financial services sector, is pleased to announce that it has won the "Middle Office Services of the Year" award at the esteemed 2024 Private Equity Wire US Credit Awards.
The annual Private Equity Wire US Credit Awards recognize excellence in fund performance and service provider excellence across credit funds. Acuity was selected from a competitive pool of candidates through votes cast by industry leaders.
Commenting on the win, Chetan Majithia, Head of North America Private Markets at Acuity, said, "We are honored to receive this recognition, especially as efficient middle office services have become more critical than ever. This award reflects Acuity's commitment to streamlining processes and delivering expertise in trade processing, reconciliations, and portfolio management, allowing our clients to achieve operational alpha."
Pratap Singh, Global Head of Private Markets at Acuity, emphasized the growing demand for efficient solutions as middle-office operations face talent shortages, complex investment strategies, and data management challenges. "We remain dedicated to providing robust and cost-effective support to our clients," Singh said. “This win validates our focus on addressing the evolving needs of our clients amid an increasingly intricate financial landscape."
Acuity Knowledge Partners has been supporting private market firms with comprehensive fund operations support, enhancing efficiency across middle- and back-office functions through tailored technology solutions. By streamlining fund administration, performance monitoring, and reporting processes, Acuity enables clients to focus on strategic investment decisions. This delivers measurable value through improved workflows and cost efficiency, backed by Acuity’s deep domain expertise and tools like BEAT FolioSure.
About Acuity Knowledge Partners:
Acuity Knowledge Partners (Acuity) is a leading provider of bespoke research, data management, analytics, talent and technology solutions to the financial services sector, including asset managers, corporate and investment banks, private equity and venture capital firms, hedge funds and consulting firms. Its global network of over 6,000 analysts and industry experts, combined with proprietary technology, supports 650 financial institutions and consulting companies to operate more efficiently and unlock their human capital, driving revenue higher and transforming operations. Acuity is headquartered in London and operates from 16 locations worldwide.
Acuity was established as a separate business from Moody’s Corporation in 2019, following its acquisition by Equistone Partners Europe (Equistone). In January 2023, funds advised by global private equity firm Permira acquired a majority stake in the business from Equistone, which remains invested as a minority shareholder.
For more information, visit www.acuitykp.com
Media contact:
Stuti Das
Global Head of Communications and PR
Acuity Knowledge Partners
stuti.das@acuitykp.com