Acanthus Advisers Selects IntraLinks® for Fundraising
LONDON, May 31, 2012 /PRNewswire/ — IntraLinks Holdings, Inc. (NYSE: IL), a leading, global technology provider of inter-enterprise content management and collaboration solutions, today announced that Acanthus Advisers, a leading independent advisory firm focused on private equity fund placement, has selected IntraLinks’ cloud-based solution for its fundraising mandates.
“The current environment remains quite challenging and investors are carrying out increasingly in-depth due diligence before deciding to commit to a fund,” said Kanika Kumar, associate at Acanthus Advisers. “It is integral to have the best systems in place so our clients can invite investors into a secure and user-friendly environment to view all due diligence information. We choose to work solely with IntraLinks as it provides the securest virtual data room on the market and is the most recognized and trusted brand within the investor community.”
With IntraLinks, Acanthus Advisers can now store all due diligence information relating to its clients’ funds on a secure online platform and permission access to its global investor community. Conducting due diligence activity via IntraLinks provides intelligence into investor intent and ensures a fully audited service throughout the entire lifecycle.
“We are delighted that Acanthus Advisers has selected IntraLinks as its preferred virtual data room of choice,” said Derek Flynn, managing director and senior vice president sales, EMEA of IntraLinks. “Acanthus Advisers can now share confidential information quickly and securely, whilst retaining control, eliminating time intensive administrative tasks and allowing complete focus on their clients’ fundraising strategy, providing an easy to use solution not only to its private equity clients but also to the investor community.”
Globally, 7 out of the top 10 funds and 9 out of the top 15 funds were raised on the IntraLinks platform.
IntraLinks Holdings, Inc. (NYSE: IL) is a leading, global technology provider of inter-enterprise content management and collaboration solutions. Through innovative Software-as-a-Service solutions, IntraLinks solutions are designed to enable the exchange, control, and management of information between organizations securely and compliantly when working through the firewall. More than 2 million professionals at 800 of the Fortune 1000 companies depend on IntraLinks’ experience. With a track record of enabling high-stakes transactions and business collaborations valued at more than $19 trillion, IntraLinks is a trusted provider of easy-to-use, enterprise strength, cloud-based collaboration solutions. For more information, visit www.intralinks.com
About Acanthus Advisers
Established in 1998, Acanthus Advisers is a specialist advisory-led boutique with a diverse and dedicated team benefiting from deep and broad experience. Since inception, Acanthus has maintained an undiluted focus on European mid-market private equity, offering a full range of advisory services to managers with a focus on fundraising.
Acanthus provides end-to-end project management, applying its expertise in fund formation, marketing, reporting and extensive knowledge of institutional investors to optimise the fundraising process. Acanthus maintains long-term relations with clients, assisting with investor relations, reporting, profile-building and secondary transfers of LP commitments. Acanthus also provides bespoke advisory services for general partners with specific fundraising needs.
The Acanthus approach is advisory driven, highly analytical and fully independent, being owner-led. Through its research endeavours and conference contributions, Acanthus has established a reputation as an industry opinion leader: Acanthus has chaired or participated in panels in over 35 conferences over the last 10 years, involving over 100 LP and GP panellists. Annual publications include the European Mid-Market Review and the LP-GP Survey.
Over 2010-2011, Acanthus closed five funds amounting to EUR1 billion. In recognition of its success and commitment to the European mid-market in challenging market conditions, Acanthus was awarded the Placement Agent of the Year award in 2011 by Real Deals under the scrutiny of the Coller Institute.
For more information, visit www.acanthus.eu.com
SOURCE IntraLinks Holdings, Inc.