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Hazeltree secures $14m investment

by Matthias Plötz 23 August 2022

Hazeltree, a tech company offering treasury and liquidity management solutions for the alternative asset and investment management market, has secured a $14m strategic investment.

The funding round was led by FINTOP capital, whose co-founder and managing partner Rick Kushel will sit on Hazeltree’s board, joined by Hamilton Lane.

“We were greatly impressed by the Hazeltree business and the strength of its model in the alternative asset management space, particularly hedge funds and private equity,” Kushel said. “I am very excited to be joining the board of such a dynamic growth company and helping it build on its success to date.”

The fresh capital will support scaling Hazeltree’s commercial model, including increasing innovation and customer support.

“Amid market volatility and economic uncertainty, this investment affirms Hazeltree’s powerful and resilient business model,” said Douglas Haynes, executive chair of Hazeltree. “We saw extensive interest from the investment community, but FINTOP’s operating expertise stood above all others. We couldn’t be happier to be partnering with FINTOP and Hamilton Lane. Their respective reputations in the industry speak for themselves.”

Vice chair and head of strategic initiatives at Hamilton Lane, Erik Hirsch, added: “We have a long history of partnering with and investing in leading companies that utilise technology to bring greater efficiency to the private markets. As a user of the platform, we have found Hazeltree to be a transformative technology solution, allowing us to increase the speed and reliability of our treasury operations and gain greater security over our cash management processes, all while expanding our visibility into overall funding and currency needs for our clients. We are proud to be participating in this fundraising round.”

About Hazeltree

Founded in 2011, Hazeltree offers cloud-based treasury and liquidity solutions which aim to enhance transparency, liquidity, and risk mitigation to streamline operations and IRR by optimising counterparty interactions, credit facilities, margin requirements, and fees.

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