MN Selects DiligenceVault to Streamline Manager Due Diligence
Netherlands pension manager adopts DiligenceVault’s market-leading due diligence platform to streamline its engagements with asset managers
NEW YORK, July 26, 2022 (Newswire.com) – DiligenceVault, a digital diligence platform that delivers data collection, analysis, and collaborative reporting solutions for asset owners and asset managers, today announced a client partnership with Dutch financial services provider MN, which manages approximately €175 billion in institutional assets.
MN is the third-largest pension investor in the Netherlands and invests in a wide range of assets via both internal and external investment managers and funds.
In adopting DiligenceVault, MN will now utilize a centralized platform to manage both their investment and operational due diligence engagements, including exclusion list oversight, ESG, and investment reviews across all their investment portfolios: Listed Equity, Fixed Income, Private Equity, Private Credit and Real Estate. DiligenceVault also enables MN’s team to integrate their robust manager scoring framework with the rest of their engagements with asset managers. This effort coincides with MN’s larger digitization program of developing more internal efficiencies as they move to an infrastructure of cloud-based applications.
“As we continue to grow into Europe, we are thrilled that MN chose DiligenceVault as a due diligence technology provider of choice that has the ability to meet the local requirements of our clients, wherever they are. MN will leverage our digital diligence technology and industry-leading fund manager network to gain significant efficiencies in collecting, analyzing and reporting on external fund managers. Time to data and a modern diligence experience has become a critical differentiator in sophisticated investment oversight programs, and we are delighted to be trusted by a leading voice in the Dutch pension ecosystem to be part of their digital strategy,” said Guillaume Rouault, EMEA Director at DiligenceVault.
DiligenceVault is the investment industry leader in offering a comprehensive due diligence technology platform for asset owners, allocators, service providers, and fund managers. Today, over 45,000 users leverage DiligenceVault in digitizing and streamlining their due diligence framework, moving away from previously manually intensive, error-prone, and expensive diligence processes. DiligenceVault is trusted by leading global asset allocators, including Goldman Sachs Asset Management, NEPC, Shadmoor Advisors, Universities Superannuation Scheme, UTIMCO, Frontier Advisors, and Wells Fargo. Founded in 2014, the firm delivers a global support commitment with teams in New York, London, Singapore, and India. For more information about DiligenceVault, please visit: www.diligencevault.com.
About MN Investments
MN is a financial services provider with assets under management of €175 billion. The firm work as an extension of pension fund boards and social partners and offers their clients an integrated pension proposition with advice, asset management, communication and administration. For more information about MN, please visit: www.mn.nl
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Andre Boreas, VP – Head of Marketing, DiligenceVault