This transaction marks the first step in the international buy-and-build strategy of RiskConcile since partnering up with Main Capital in June 2024.
Founded in 2013 and headquartered in London (UK), Fitz Partners is a market-leading provider of proprietary fund fees and expense data for the European asset management industry. Its comprehensive databases and reporting solutions offer meticulously calculated and independently verified fee and expense breakdowns that enable asset managers to conduct precise cost reviews and make informed strategic decisions. Today, more than 65 of the largest global asset and fund management firms rely on Fitz Partners’ solutions. The company has strong coverage across the UK and cross-border fund markets and is expanding its fee data coverage and board reporting service to cover the local French fund market in the coming months.
As regulatory pressures intensify and transparency expectations rise across the European fund industry, asset managers are increasingly seeking efficient and reliable reporting solutions. High‑quality fund data has become a critical foundation for both compliance and competitive advantage, enabling deeper insights and faster responses to evolving investor and regulatory demands. RiskConcile and Fitz Partners are uniquely positioned to meet these challenges by delivering an integrated solution that combines proprietary fund data, advanced regulatory reporting and sophisticated risk‑calculation capabilities.
The acquisition of Fitz Partners represents a major step towards building a pan‑European leader in regulatory technology for the fund industry and perfectly aligns with our strategy to build market‑leading software groups."
Jan De Spiegeleer, Co-Founder & CEO of RiskConcile, said: “We are delighted to welcome the Fitz Partners team to RiskConcile. Its proprietary fund fee database combined with its reporting expertise is a strong addition to our cloud-based risk and reporting platform. Together, we are uniquely positioned to help asset managers and fund management companies even better navigate an increasingly complex regulatory landscape with greater efficiency, insight and confidence.”
Hugues Gillibert, Founder & CEO of Fitz Partners, commented: “I am extremely pleased to have found a partner in RiskConcile that will allow Fitz Partners to continue its expansion while keeping the same culture of excellence and quality recognized across our industry. The synergies between our two firms are immense, and we are looking forward to providing even greater support and market intelligence solutions to our UK and cross-border clients. We are also expecting many more years of growth and success with a new focus on local fund domiciles.”
Jorn de Ruijter, Investment Director at Main Capital Partners and Chairman of the Board of Directors at RiskConcile, concluded: “The acquisition of Fitz Partners represents a major step towards building a pan‑European leader in regulatory technology for the fund industry and perfectly aligns with our strategy to build market‑leading software groups. Through this collaboration, we create a stronger and more comprehensive organization that is able to deliver greater value to asset managers and fund management companies. It also reinforces Main’s ability to source and execute cross‑border transactions in strategic markets such as the UK, where we see significant opportunities for continued growth.”
Founded in 2013, Fitz Partners is a London‑based provider of proprietary fund fees and expense data for the European asset management industry. The company delivers detailed, independently calculated cost data and benchmarking solutions (covering areas such as UK Assessment of Value or Consumer Duty, European Value for Money and New Fund Launches) that enable asset managers and fund management companies to conduct comprehensive and accurate reviews of their fund operating costs and fund value. The company works hand in hand with many of the world’s largest asset managers as well as boutique investment firms.
Founded in 2015, RiskConcile is a Belgian software developer of cloud-based regulatory reporting and risk calculation solutions that support asset managers, fund managers and fund service providers in managing their clients’ risk and meeting regulatory requirements. The company offers proprietary software tools for regulatory disclosures and reports, complex transaction calculations and portfolio and risk management functionalities. Its areas of expertise include PRIIPs, TCA, AIFMD Annex IV, Liquidity Stress Testing, Solvency and SFDR. The company serves a diverse client base across the Benelux, UK & Ireland, France and the Nordics.
Nothing contained in this Press Release is intended to project, predict, guarantee, or forecast the future performance of any investment. This Press Release is for information purposes only and is not investment advice or an offer to buy or sell any securities or to invest in any funds or other investment vehicles managed by Main Capital Partners or any other person.
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