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Ark (Ark PES)

Ark (Ark PES)

Fund-administration software company

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AngelList buys fund-software maker Ark, consolidating private-markets back offices

Money Moves

Acquired

AngelList bought Ark, a company whose software runs the back offices of more than 500 venture-capital and private-equity funds. Those funds hold over $185 billion. The buyer already tracks another $124 billion of its own. The plumbing of private markets is landing under one roof.

Updated 2 hours ago