Spectrum Equity invests $ 51 million in OTC company Quantile Technologies

Quantile Technologies, a UK-based portfolio optimization company, has received $ 51 million in investments from Spectrum Equity.

The injection marks the first published quantile funding

The minority stake will add Spectrum’s CEO Mike Farrell to Quartile’s board of directors. The latter says that the money will finance “the next phase of growth”.

Quantile offers an optimization engine that banks, hedge funds and …

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