Euroclear Expands Footprint into Private Markets with Acquisition of Goji

Euroclear, a leading post trade services provider, has announced its acquisition of Goji, an FCA regulated, UK-based provider of investor platform technology and services, subject to regulatory approvals.

This acquisition comes at a time when private market assets valued at $9.8 trillion and are expected to grow to $14.4 trillion by 2025. According to the official press release, Euroclear will combine its open infrastructure with Goji's innovative technology, providing a digital platform enabling end to end access to the private fund market. This will create a compelling offering for all market participants, including investors, asset managers and fund service providers.

Moreover, with this new deal, Euroclear can expand its footprint into private markets, building upon its recent successful acquisition of the MFEX funds distribution platform. Euroclear is now able to provide a true one stop shop offering to clients across a spectrum of products including mutual and alternative funds, ETFs and private funds. 

David Genn, CEO, Goji commented: "We are delighted to partner with Euroclear to deliver the platform infrastructure that the private markets industry needs. The ever-increasing demand from all investor groups to access private funds, points to the need for an end-to-end digital processing solution for these asset classes. The combination of Euroclear's position in the funds industry with Goji's technology and experience means we can deliver a solution together that will serve and transform the private markets industry."

Lieve Mostrey, CEO, Euroclear Group said: "Our partnership with Goji supports our ambition to enter the private markets space.  We see a strong demand from the market for more scalable and digitalised solutions and given the opportunities, it makes perfect sense to add this capability to our portfolio of services. One year after the MFEX acquisition, this new investment fully supports our global funds strategy to be a leading platform across all fund asset classes."