Apr 13, 2021
LiquidityBook receives minority investment from Primus Capital, a growth-oriented PE firm
LiquidityBook, a leading Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, announced today that Primus Capital, a growth-oriented private equity firm, has made a minority investment in the company. The capital will enable LiquidityBook to further scale its business and serve a broader array of fund managers and financial institutions through its industry-leading portfolio, order and execution management system (“POEMS”) platform.
LiquidityBook will use the funds to enhance its products in response to client demand for additional functionality that goes beyond the traditional POEMS. This initiative is already well underway, as the company manages its own proprietary FIX network, LBX Connect, and recently made two key hires to support it: Stephanie Minister as Managing Director of Connectivity Services and Sumit Kumar as Senior FIX Specialist. The additional resources will meaningfully accelerate product development efforts as demand for multitenant trading technology with a single code base continues to grow, and will support global expansion.
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