With Intelligence, the investment intelligence data provider, has acquired CAMRADATA, the London-based data and analysis service for institutional investors, from Punter Southall for an undisclosed sum.
“Our mission is to help investment managers raise assets and allocate better, and we do that by giving them the data they need,” says Charlie Kerr, CEO of With Intelligence. “And the CAMRADATA deal gives us another data set that we can offer into that mix.”
The acquisition – the company’s sixth in the last three years, following Eurekahedge, Falk Marques Group, Pension Funds Online, Hedge Fund Alert and Savvy Investor – enhances With’s offerings for the investment management community by enabling investors to perform rigorous, evidence-based assessments of more than 5,000 investment products offered by over 700 asset managers.
With Intelligence now has a well-defined playbook for integrating companies that it acquires, says Kerr. “What we normally do when we buy a business is let it run at first and see how it gets on before integrating it and its data. We don’t want to rock the boat because what CAMRADATA gives to its customers at the moment is very valuable, and we don’t want to lose any of that. So we’re happy to be patient. But there will be an integration into the With Intelligence platform at some future point.”
Sean Thompson, CAMRADATA’s Managing Director, commented, “CAMRADATA was founded in 2003 to help investors make better investment decisions using its robust data research and analytics. Institutional investors and fund selectors can now benefit from a much-amplified data set to help them diversify their investments and select the best fund managers in their fields. CAMRADATA and With Intelligence are very complementary, bringing tremendous decision-making power to institutional clients across traditional and private markets.”
Following the acquisition, CAMRADATA staff will relocate to With Intelligence’s London HQ.
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