Overview of Transaction

• On December 17, 2018, Backstop Solutions announced it has agreed to acquire BarclayHedge
• BarclayHedge provides alternative investment data and indices that help investors analyze the performance of hedge funds and managed futures programs worldwide
• Headquartered in Chicago, Illinois, Backstop provides cloud-based software solutions for the alternative investment management industry
• Sol Waksman, Founder and President of BarclayHedge, will become President of the Backstop BarclayHedge Division after the deal closes

Significance of Transaction

• By adding BarclayHedge to its portfolio of acquired companies, Backstop takes a significant step towards achieving its long-term vision of a productivity suite for institutional and alternative investors
• Backstop will be able to offer institutional clients a unique combination of technology, tools, services, and data to help optimize their research management and due diligence workflows
• Alternative asset managers who currently report to BarclayHedge will also benefit by seeing their exposure to asset owners nearly triple

FT Partners' Role

• FT Partners served as exclusive strategic and financial advisor to Backstop
• FT Partners previously advised Backstop on its $20 million minority financing
• This transaction underscores FT Partners’ strong domain expertise and successful track record in the Capital Markets / WealthTech space