Pirum

Pirum Systems Limited, the leading provider of post-trade market infrastructure technology for the securities finance industry, announces that Five Arrows Principal Investments, the mid-market private equity fund backed by the Rothschild Group, and Camwell Management LLP have agreed to acquire an interest in the Company.

Significance

Pirum’s centralised hub is connected to the internal systems of over 100 market participants, with more than 30 of these being connected to Pirum’s market-leading and innovative Real-Time services. The Company’s services are used by both borrowers and lenders as a critical element of their post-trade processes for securities lending, repos and any associated collateral transactions.

Our Role

NovitasFTCL advised Pirum Systems on it’s transaction with Five Arrows Principal Investments, the mid-market private equity fund backed by the Rothschild Group, and Camwell Management LLP