Friday, 24 December 2021

Credence Family Office and Cumulative Ventures today announced a strategic

Credence Family Office and Cumulative Ventures today announced a strategic partnership that will help them offer an enhanced set of services and products to their clientele. We can also facilitate an interaction for you with the spokespeople from Credence Family Office and Cumulative Ventures.

Key Highlights:-

  1. As part of the acquisition, the firm plans to invest around 0.5$ million over the next 12-18 months, but the first tranche would be about $150,000-200,000    . 
  2. The aim is to create an entire bouquet of services, starting from curating the transaction to supporting the transaction, post-transaction monitoring including additional fundraising, IR (investor relations)
  3. With this alliance, Cumulative Ventures is looking to increase its product offering to a wider spectrum of business families, tech entrepreneurs and celebrity circuit by offering comprehensive financial solutions across consulting, capital raising through capital market / private markets and CFO services focusing on business and finance-related activities. 
  4. Under the partnership, a majority of the capital pool will come from Credence, which currently works with 200+ family offices with over a billion dollars of advisory assets                                                                                                                                                                                                                                                                                                                                


     

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