Lightkeeper, a leading data, analytics, risk management, and reporting solutions provider for investment managers, announced a growth investment from PSG. This leading growth equity firm partners with software and technology-enabled services companies to drive transformational growth.
Along with the investment, industry veteran and PSG Senior Advisor Dean Schaffer has been appointed Chief Executive Officer to lead Lightkeeper’s next growth phase. Lightkeeper’s senior management team will remain with the company, with Danny Dias transitioning to Chief Product Officer to focus on product innovation.
Through PSG’s investment and Schaffer’s leadership, Lightkeeper will aim to accelerate product innovation and continue delivering high-quality client service to meet the evolving needs of investment managers.
Lightkeeper’s centralized platform equips investment managers with tools to generate actionable insights on investments and ideas. And its flagship product – Portfolio Intelligence – aggregates and enriches data from multiple sources, enabling custom queries, analysis, visualization, and reporting. Its fast-growing Idea Analytics Software product tracks every stage of idea flow, providing behavioral and decision analytics on investment ideas that did and did not make it into the portfolio. By integrating with existing systems, Lightkeeper enhances data accessibility while automating historically manual processes.
Schaffer has deep expertise in scaling investment technology firms. Most recently, he led the Capital Administration Division at Alter Domus, following its acquisition of Investors Economic Assurance (IEA), where he served as President. At IEA, Schaffer drove growth, operational scale, and go-to-market strategy, positioning the company as a leader in the alternative investment industry.
Weil, Gotshal & Manges served as legal advisor to PSG. Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as legal advisor, and Houlihan Lokey served as the exclusive financial advisor to Lightkeeper.
KEY QUOTES:
“From my perspective, Lightkeeper has cemented itself as the analytical backbone for the investment management ecosystem. I’m excited to lead the company at a time when the pace of change in the financial markets continues to underscore the power of the data-driven decisions our platform provides. PSG’s investment is an exciting development for our clients; their software expertise and hands-on operational support will be invaluable in Lightkeeper’s next chapter of growth as we continue to innovate our suite of tools with client service at the core of everything we do.”
– Dean Schaffer
“The surge in data volume, complexity, and reporting demands has made automated, data-driven analytics essential for investment managers. Lightkeeper’s intuitive platform is built to address this need, and we’re excited to partner with Dean and the team to drive their momentum forward.”
– Bill Skarinka and Chris Andrews, Managing Directors at PSG
“It’s been an incredible journey building Lightkeeper alongside my co-founders Tish and Larry. I’m thrilled to welcome Dean and PSG as partners in the next chapter of our evolution.”
– Danny Dias, Co-Founder and Chief Product Officer of Lightkeeper
