Announced

Blackstone to invest in Dynamo Software.

Synopsis

Blackstone agreed to invest in Dynamo Software, a provider of comprehensive cloud software. Financial terms are not disclosed. “This investment from Blackstone – the largest alternative asset manager in the world – validates Dynamo’s position as a leading provider of cloud software to the alternatives sector. We believe with this partnership we can accelerate our product roadmap and further extend and enhance Dynamo’s leading offering across incremental asset classes and significantly expand our customer base," Hank Boughner, Dynamo CEO.

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