HazelTree Fund Services, Inc.

HazelTree Fund Services, Inc. provides sophisticated cloud-based treasury and liquidity management solutions designed for alternative investment management firms, focusing on enhancing operational efficiency for hedge funds and private market participants. Founded in 2009 and headquartered in New York, US, HazelTree Fund Services, Inc. specializes in treasury and liquidity management solutions for investment firms.

The company has executed 2 deals, with the most recent one on August 23, 2022, during which it raised USD 14. 00 mn in a Growth funding round led by FINTOP Capital. The founder, Remy Trafelet, has an extensive background in financial technology, contributing to the company's growth and strategic direction. HazelTree specializes in innovative cloud-based treasury and liquidity management solutions tailored for alternative investment management firms, particularly hedge funds and private markets.

The company’s flagship product, zTreasury™, consolidates banking, brokerage, and counterparties into a secure, unified platform, enabling clients to manage cash, credit facilities, liquidity, and investor communications effectively. This comprehensive suite of products also includes zLiquidity for precision liquidity management, zFinance for securities finance and collateral management, and zInsights for market intelligence specific to hedge funds. Each solution is designed to enhance transparency, risk mitigation, and return on investment (IRR) for clients, which primarily consist of hedge funds and investment managers located in North America, Europe, and Asia. The products aim to address critical operational challenges by providing sophisticated algorithms and a centralized data repository that streamlines capital lifecycle management, enabling informed decision-making.

HazelTree generates revenue through a structured B2B model, primarily by providing subscription-based access to its suite of treasury management solutions. Clients engage with the company by subscribing to individual products such as zTreasury or zLiquidity, allowing them to tailor their treasury management capabilities according to their specific operational needs. The subscription model facilitates ongoing revenue generation as clients benefit from continuous updates and enhancements to the software. The company reports managing over USD 4 trillion in client assets, capturing various fees associated with its premium services, which reflect the essential role these tools play in the operational efficiency of investment firms.

In August 2022, a consortium led by FINTOP Capital, with participation from Hamilton Lane, invested USD 14. 00 mn in HazelTree Fund Services, Inc. This funding will support the company's growth through enhancing customer success and support, scaling its commercial model, and innovating across its product suite. HazelTree plans to focus on expanding its presence in international markets, particularly targeting Europe and Asia by 2024, while developing new features and products to address evolving client needs.