Hazeltree Acquires ENSO From CME Group

Hazeltree announced it has acquired ENSO Financial Analytics (ENSO), a leading provider of portfolio analytics for hedge funds and prime brokers, from CME Group for an undisclosed amount.

IHS Markit participated in the investment, as well as existing investors.

Hazeltree is a leading Treasury Management cloud-based solution provider, serving hedge funds, private markets, asset managers, fund administrators, insurance companies, pension funds and corporations, while ENSO captures data on more than $1 trillion in hedge fund assets.

Through the acquisition, ENSO’s prime brokerage, asset management, technology and data specialists will be integrated with Hazeltree’s team, enabling them to continue to focus on customer support and product innovation.

“We’re thrilled to join forces with the ENSO team as our combined talents in treasury, portfolio finance, data, and technology will offer unparalleled expertise and support to investment managers, empowering them with greater data insights, better transparency, improved workflows, and efficient execution to capture unrealized value,” Sameer Shalaby, president and chief executive officer of Hazeltree, said in a press release. “The acquisition will result in a truly unique integrated solution with extensive scale and talent, to support more than 200 important clients, who can now benefit from the best solutions and services available.”

“This combination will create significant synergies for our global client base,” said Paul Busby, global head of ENSO. “Together, our teams will continue to deliver industry-leading technology to help drive continued innovation of our portfolio finance, treasury, and data solutions.”

“The platforms and data solutions from Hazeltree and ENSO are highly complementary to our services and network of buy-side and sell-side clients,” added Pierre Khemdoudi, global co-head equities data & analytics at IHS Markit. “Our investment is a way to help align our solutions to serve the evolving needs of our customers while also establishing a foundation for potential further integration and partnerships in the future.”