Fourcore Secures $500 Million Funding Commitment from GEM Global Yield LLC SCS

Sep 05, 2024•10 months ago

Contract Type

partnership

AtlantaArtificial Intelligence

Description

Fourcore Capital has signed a binding agreement with GEM Global Yield LLC SCS for a $500 million share subscription facility to be funded upon a public markets listing. The funds will be used to further accelerate the company’s growth through strategic acquisitions and expansion of advisor support capabilities.

Company Information

Company

Fourcore Capital

Location

Atlanta, Georgia, United States

About

Fourcore is an emerging leader in global asset, wealth, and investment management committed to delivering innovative solutions and exceptional value to its clients. The company focuses on growth and operational excellence through open architecture and disciplined investment portfolios. Its unique approach is powered by artificial intelligence and other emerging technologies to enhance asset management solutions. Fourcore aims to drive sustainability within its investments and positively impact global economic growth.

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Based on industry data

Strategic partnership established

Partnership agreements typically involve technology integration and joint go-to-market strategies

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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fourcore Secures $500 Million Funding Commitment from GEM Global Yield LLC SCS

Description

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Company Information