Apollo Invests in Fintech to Boost Service for Private Markets
- Vega is scaling a tech platform for alternative asset managers
- Apollo, Motive Partners lead $20 million Series A funding
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Apollo Global Management Inc. is investing in startup Vega and adopting its technology that looks to improve service for clients looking to further their investments in private markets.
The asset management giant and fintech-focused investment firm Motive Partners are leading a $20 million Series A round to support Vega AltOS, a technology platform that aims to help alternative asset managers further their distributions. AltOS’ software facilitates a link between the asset manager and investors through the client’s preferred platform.