Key Accomplishments of 2022:
– Secured partnerships with over 25 international clients, including 13 of the leading 25 investment banks
– Expanded operations by opening an additional office in India and plans to continue expanding its workforce in 2023
– Received recognition in the form of multiple industry awards across various business segments
New Delhi – January 27, 2023: Oxane Partners, a premier provider of technology-based solutions for the private markets, announced that it ended the year 2022 by signing contracts with more than 25 international clients. Despite the challenging economic conditions, Oxane maintained its strong growth trajectory, doubling its workforce to over 250 employees in the past two years and earning multiple industry awards for its solutions. The private markets sector is expanding and there is a growing need for scalable and digitalized solutions, and Oxane continues to innovate in this space to better serve its clients.
In 2022, Oxane achieved the significant milestone of working with over 100 institutional clients, including global banks, private credit funds, private equity funds, and institutional asset managers. The company now serves 13 of the top 25 global investment banks and manages over $350 billion in assets through its solutions. This puts Oxane on track to becoming the largest independent solutions provider for the private markets globally.
“Last year was a pivotal year for us as we achieved significant growth across our solutions, strengthened our relationships with existing clients, and welcomed new ones. As we enter 2023, we anticipate that investment firms will continue to seek out solution partners over vendors to drive strategic technology and operational objectives. We are at the forefront of this industry shift and excited to continue providing innovative solutions that drive the industry forward”, said Vishal Soni, Co-Founder and Managing Director of Oxane.
To better serve its expanding global client base, Oxane recently established a new office in Hyderabad, India, which will serve as a center of excellence for developing its growing talent pool. In 2022, the company exceeded its goal of hiring 100 new team members by adding over 125 professionals, and plans to continue expanding its workforce throughout 2023 to support business growth.
Oxane’s outstanding performance in 2022 earned it recognition as a “Rising Star” and category winner for innovation in private credit operations and technology by Chartis Research in its 2023 RiskTech100 report. The firm also received other awards such as “Best Buy-Side Portfolio Analysis Tool” by WatersTechnology and “Best Valuations Service” by the European Credit Awards 2022, among many other accolades.
“Our strong growth last year reflects how our solutions are high on client relevance and enable them to stay ahead of the curve in this current economic environment. As we see investment firms increase their allocation to private markets, we’re well-positioned to support their growth with a breadth of solutions across portfolio management, managed data services, staff augmentation, and independent valuations. We will continue to partner with our clients and drive their success as we remain steadfast in our mission of simplifying, digitalizing, and transforming private markets”. saidKanav Kalia, Head of Marketing and Sales.