BRUSSELS AND LONDON–(BUSINESS WIRE)–Euroclear is pleased to announce its acquisition of Goji, a leading London-based provider of digital access and technology-enabled solutions to private markets, subject to regulatory approvals.
Private market assets are currently valued at $9.8 trillion and are expected to grow to $14.4 trillion by 2025. This growing demand is driving innovation and a need for increased efficiency in the space. The combination of Euroclear’s open infrastructure and Goji’s innovative technology will provide a digital platform that enables end-to-end access to the private funds market. This will create a compelling proposition for all market participants, including investors, asset managers and fund service providers.
This investment will allow Euroclear to expand its footprint into private markets, building on the recent successful acquisition of the MFEX fund distribution platform. Euroclear is now able to offer a true one stop shop offering to clients across a range 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 that together we can deliver a solution 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 market. We see a strong demand from the market for more scalable and digitized solutions and given the opportunities it makes perfect sense to add this opportunity to our portfolio of services. One year after the MFEX acquisition, this new investment supports our global funds strategy to be a leading platform across all fund asset classes.”
About Goji
Goji is a leading provider of technology and services for investor platforms. With the private asset market opening up to new classes of investors, Goji makes it easy for asset managers, fund administrators and capital owners to give all investors digital access to private funds and stay ahead of their industry competitors. Secure, scalable and customizable, Goji’s best-in-class platform unlocks new top-line revenue and reduces costs. The company serves nearly 30,000 investors from 80 investor jurisdictions. Goji is headquartered in the UK and is regulated by the FCA.
About Euroclear
Euroclear group is the financial industry’s reliable supplier of mail order services. Guided by purpose, Euroclear innovates to bring safety, efficiency and connectivity to financial markets for sustainable economic growth. Euroclear provides settlement and custody for domestic and cross-border securities for bonds, shares and derivatives and investment funds. As a proven, robust capital markets infrastructure, Euroclear is committed to delivering risk mitigation, automation and efficiency at scale for its global client franchise. The Euroclear group consists of Euroclear Bank, International CSD, as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden, Euroclear UK & International and MFEX by Euroclear.
