Despite tremendous growth in Asia-Pacific’s (APAC’s) private markets, asset owners and allocators are facing growing challenges with unstructured, fragmented data. Demonstrating a need for a more efficient, tech-driven approach, Accelex, the AI automation provider for private markets data acquisition, reporting and analytics, has expanded into the region with an office in Sydney.
Asia-Pacific’s private markets have grown exponentially in recent years, with private equity buyout investments reaching $138billion in 2024, marking an 8.1 per cent increase from the previous year and the second-best year for dealmaking in the past decade. However, asset owners and allocators face are facing hurdles with data. Critical information remains trapped in PDFs and incompatible formats, making it time-consuming and error-prone to extract insights.
As transaction volumes surge, manual processes create costly bottlenecks, hindering timely risk, performance, and return assessments. To help deal with this, Accelex is enabling investors to automatically extract and categorise their private markets data.
Using data science and AI, investors can classify documents and extract actionable data quickly, accurately and securely, providing more time to focus on their investment decisions. The solution also minimises the risk of human error and ensures investors base their decisions on a foundation of clean, reliable data.
Michael Aldridge, president and CRO at Accelex, commented: “Asia-Pacific’s private markets are a compelling growth story, with deepening pools of capital and rising transaction volumes. But this growth exposes a fundamental and growing problem: a lack of transparency and efficiency in the automation, management and reporting of data. Our solution and technology, combined with the team leaders’ deep regional expertise and industry knowledge, mean we’re uniquely positioned to meet the rising demand for data transparency and enable intelligent data-driven decision-making across the region.”
Meet the team
Accelex has appointed two seasoned industry professionals, Brett Angwin, head of sales, APAC and Kai Jebens, sales director, Southeast Asia, to lead the firm in its mission to bring transparency to the region’s thriving private markets ecosystem.
Brett Angwin will lead the region, bringing over 20 years of experience in technology and financial services. He has held senior sales and business development roles at leading fintech, data and analytics firms across Singapore and Australia, including BlackRock, eFront (pre-acquisition), and FIS, in director and VP positions. Most recently, he headed APAC sales for Charles River Private Markets before joining Accelex.
Kai Jebens, who has over 15 years in Singapore and previous roles at BNY Mellon, Bloomberg, and ICE, has been appointed sales leader for Southeast Asia. He brings a strong background in private markets technology, having most recently led Northern Trust’s custody, data, and digital services growth across Southeast Asia as senior VP, head of sales.
Brett Angwin, head of sales, APAC at Accelex, said: “APAC’s private markets are entering a phase of exceptional growth, and it’s clear that investors need more advanced, scalable data solutions to keep pace. I’m thrilled to help lead our regional efforts alongside Kai to work with clients and partners across the region to simplify and strengthen their investment workflows through automation and intelligent data delivery.”
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