FactSet buys Cobalt
FactSet has bought Cobalt Software, expanding the firm’s private markets offering.
Cobalt provides portfolio monitoring software to private capital market funds, aimed at improving operational efficiencies as well as addressing increasingly complex LP and management demands.
“We see tremendous opportunity in private markets, and Cobalt’s leading capabilities across portfolio monitoring, cash flow analytics, and benchmarking analysis offer great value to a wide range of private capital investment firms,” said Goran Skoko, executive vice president, research & advisory solutions at FactSet.
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