Calastone Gets $18 Million Expansion Funding

julian-hammerson

Calastone, the provider of a global fund transaction network, plans to use an investment of $18 million from investment companies Accel Partners and Octopus Investments, to expand its presence in Europe and Asia-Pacific.

Julien Hammerson, Calastone's London-based chairman and CEO, says his company will use the additional investment to customize its existing products for new markets.

"[We are] taking the work we are doing in the pensions/superannuation space in Australia and applying it to other

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