Smartkarma has announced the opening of its New York City office, headed by 30-year industry veteran Warren Yeh. Smartkarma is well positioned to expand into American markets after recently completing its Series B funding round, led by Sequoia Capital. With a base in New York, Smartkarma aims to bring unprecedented on-the-ground reach and insight into Asian markets for US-based asset managers. Smartkarma has expanded from its headquarters in Singapore to five locations around the world, servicing a global client base comprising of some of the world’s largest asset managers.
By bringing together the best independent insight providers and asset managers in one collaborative ecosystem, Smartkarma is reinventing the way research is created and consumed, with timely insights delivered in an intuitive and engaging way. Smartkarma has demonstrated rapid growth since its launch in April 2016, with its top ten clients alone accounting for US$13.5 trillion of assets under management.
Raghav Kapoor, Co-founder and CEO of Smartkarma comments, “The demand for differentiated and unconflicted research is rapidly rising and US markets are no exception. Our Insight Providers, based in-country, provide US funds with local insight in areas underrepresented in traditional investment bank research, including IPO/M&A analysis, event-driven special situations as well as small and mid-cap company research.”