Coremont, which offers real-time, multi-asset portfolio management software, announced a $40 million investment. This strategic funding comes from Blue Owl Capital, which manages $295 billion in assets.
Coremont’s investment shows its rising role as a vital partner for asset managers, hedge funds, and financial institutions. These clients need advanced portfolio analytics and smart derivatives modeling. Coremont’s platform offers easy usability and complete API connectivity. This helps investment teams work more efficiently and act on insights quickly across various strategies.
The new capital will support Coremont’s accelerated growth in the following three key strategic areas:
Product coverage extension: Expanding the platform to add new asset classes and alternative investment strategies.
Easier access with AI: Delivering great analytics to investment teams through simple language tools and smart, automated insights.
Boosting real-time risk management means better monitoring of live portfolios. It also involves effective stress testing and scenario analysis. These improvements help guide investment decisions.
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“Coremont has established itself as a critical partner to leading investment managers, and we are excited to help accelerate its next phase of innovation,” said Mark Schachter, Managing Director at Blue Owl. “At Blue Owl, we back outstanding teams building scalable, technology-driven businesses that solve real problems for sophisticated investors. Coremont exemplifies that approach.”
Coremont currently supports a global roster of institutional clients with real-time analytics across fixed income, equities, currencies, and commodities. Its services remain in high demand as investment firms move away from legacy systems to modern, cloud-native platforms, particularly amidst today’s highly volatile market conditions, where timely insights and robust risk modeling have become paramount.
“We are very pleased to partner with Blue Owl,” said Jev Mehmet, chief executive officer of Coremont. “This long-term investment accelerates our technology and product roadmap and underlines our commitment to equipping clients with market-leading analytics to navigate both the opportunities and the risks of volatile markets.”