Siepe

Founded in 2012 by Michael Pusateri, Siepe (derived from the Italian word for 'hedge') emerged from a clear vision to address the evolving technological needs of asset managers. With over 14 years of experience transforming IT organizations within the hedge fund industry, Pusateri recognized the critical demand for innovative and cost-effective solutions. His deep understanding of portfolio management, operations, accounting, and technology, honed through roles such as CTO at Carlson Capital and co-COO/CTO at Highland Capital Management, provided the foundation for Siepe's mission. The company was built from the ground up, focusing on modular technology and flexible, well-formed data solutions to empower investment managers.

From its inception, Siepe aimed to be more than just a technology provider; it sought to be a full-service partner to the asset management industry. The company's cloud-based platform was designed to offer a seamless experience for accessing and managing all layers of data, from borrowers to lenders to investors, in a centralized format. This approach was intended to streamline critical workflows, including loan settlement, compliance, and collateral administration, thereby eliminating costly manual processes and reducing errors. Siepe's commitment to leveraging artificial intelligence, combined with a strong human service layer, quickly established trust within the industry. The company's growth has been marked by significant milestones, including securing a $30 million Series B funding round led by WestCap in August 2024. This investment was earmarked to further expand its tech-enabled solutions for private credit and CLO managers, a sector experiencing rapid growth. Recognizing the global nature of finance, Siepe has also expanded its international footprint, opening new offices in London, Dublin, and Malaysia to provide enhanced support and overnight operations for its clients. This strategic expansion, coupled with a continuous focus on innovation and client success, positions Siepe to continue its journey of transforming data into a strategic asset for investment managers worldwide.