Oxane gears up for 2023, constructing on final yr’s momentum
3 min readHyderabad – January 24, 2023: Oxane Companions (“Oxane”), a number one technology-driven options supplier to non-public markets, introduced at the moment that it ended 2022 by signing up with 25+ world purchasers. Regardless of the headwinds of the financial surroundings, Oxane sustained its exceptional progress trajectory, doubling its workforce within the final two years to 250+ and successful a number of business awards throughout its options.
Because the non-public markets business is rising, there’s an elevated demand for options that help scalability and digitalization initiatives, and Oxane continues to innovate within the area to higher serve its purchasers. In 2022, Oxane crossed the milestone of working with over 100 institutional purchasers that embrace world banks, non-public credit score funds, non-public fairness funds, and institutional asset managers. Presently, the agency serves 13 of the highest 25 world funding banks and has over $350bn in property operating by means of its options. This places Oxane nicely on its method to changing into the biggest unbiased options supplier for personal markets globally.
“Final yr was a pivotal yr for us as we achieved vital progress throughout our options, strengthened {our relationships} with present purchasers, and welcomed new ones. As we enter 2023, we anticipate that funding corporations will proceed to hunt out answer companions over distributors to drive strategic expertise and operational aims. We’re on the forefront of this business shift and excited to proceed offering progressive options that drive the business ahead”, stated Vishal Soni, Co-Founder and Managing Director of Oxane.
To additional help its rising world clientele, Oxane arrange a brand new workplace in Hyderabad, India serving as one other heart of excellence for cultivating its increasing expertise pool. Final yr, the agency employed over 125 professionals exceeding its projections of including 100 crew members, and plans to proceed ramping up the crew nicely into 2023 to help the enterprise progress.
Oxane’s efficiency final yr earned it the ‘The Rising Star’ recognition and class winner for innovation in non-public credit score operations and expertise by Chartis Analysis of their 2023 RiskTech100 report. The agency additionally acquired awards like ‘Finest Purchase-Aspect Portfolio Evaluation Device’ by WatersTechnology and ‘Finest Valuations Service’ by the European Credit score Awards 2022, amongst many others.
“Our robust progress final yr displays how our options are excessive on shopper relevance and allow them to remain forward of the curve on this present financial surroundings. As we see funding corporations improve their allocation to non-public markets, we’re well-positioned to help their progress with a breadth of options throughout portfolio administration, managed information companies, workers augmentation, and unbiased valuations. We are going to proceed to accomplice with our purchasers and drive their success as we stay steadfast in our mission of simplifying, digitalizing, and reworking non-public markets”. stated Kanav Kalia, Head of Advertising and Gross sales.
Neel Achary