LLR Partners completed the investment in Archer.

LLR Partners, a private equity firm, completed the investment in Archer, a provider of technology and services intended for investment management companies. Financial terms were not disclosed. “Investment managers are under intense pressure from fee compression to drive operational efficiencies. At the same time, investor appetite for customized investment products is rapidly increasing. Archer’s solutions were built from the ground up to streamline the launch and management of these investment products while delivering the highest quality customer experience," Ryan Goldenberg, LLR Partners Principal.