Caruso

As we wrap up an extraordinary year, we want to take a moment to express our heartfelt thanks to our incredible clients and partners. From all of us at Caruso, we wish you a joyful holiday season filled with warmth, laughter, and celebration, and a prosperous start to the New Year! Here’s to more success together in 2025!

“It’s always great validation when a customer decides they believe in your vision so much they want to invest. We’ve had a lot of interest from potential investors, but we chose Balmain for a reason." - Mark Hurley, Caruso Co-CEO https://hubs.ly/Q02_mtnC0

"Caruso’s unique approach seems to have struck a chord, rapidly gaining traction across both the private credit and real estate sectors. Since its founding less than two years ago, Caruso has grown to manage more than $15 billion in assets across 400+ funds and 27,000+ investors." https://hubs.ly/Q02_mkj40

“We originally started talking to Caruso as a software provider for investor management, but after seeing what Mark and Oliver had built, and continue to grow, we simply had to invest. It was so compelling." - Andrew Griffin, Balmain’s long-time CEO https://bit.ly/4g7OZrq

Big news. Balmain, one of Australia’s most influential names in private credit has made a strategic $3.2M investment in Caruso to help accelerate our journey from innovative startup to global industry standard. https://bit.ly/3ZoUpag

Looking to scale your investor outreach? Discover how pairing Caruso CRM with marketing automation tools can transform your fund management pipeline. From lead capture to investor onboarding - learn how to make marketing automation work for you. https://bit.ly/3VtWlx6

Big changes are on the horizon for fund managers. The AML/CTF Amendment Bill 2024 could reshape your compliance practices - here’s what you need to know. The anticipated Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2024 is now before the Senate after no major objections in the recommendations by the Constitutional Affairs Legislation Committee after their inquiry and report deadline on the 13th of November. For context, after years of back-and-forth, the Australian government has decided to expand anti-money laundering and counter-terrorism financing (AML/CTF) regulations with the new Amendment Bill 2024. For fund managers, this means more compliance obligations as the government seeks to address shortcomings flagged by the Financial Action Task Force (FATF), which has been pushing Australia to bring sectors like real estate, legal, and accounting under the AML/CTF umbrella called “Tranche 2”. Previously, these “designated non-financial businesses and professions” (DNFBPs) were outside AML/CTF scope, putting Australia on a list alongside Haiti and Madagascar. Now, with new rules set for 2026, fund managers and other impacted sectors will need to ramp up compliance efforts, facing increased responsibilities and a heavier regulatory burden to keep up with these expanded requirements. Fund managers - Caruso has your back. We created a practical guide for Australian Fund Managers in order to adapt to the latest AML/CTF amendments. Our guide offers a high-level overview of relevant changes, the rationale behind them, and a step-by-step approach for proactive compliance preparation. See the guide via the link: https://bit.ly/411Wprn

Big changes are on the horizon for fund managers. The AML/CTF Amendment Bill 2024 could reshape your compliance practices - here’s what you need to know. The anticipated Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2024 is now before the Senate after no major objections in the recommendations by the Constitutional Affairs Legislation Committee after their inquiry and report deadline on the 13th of November. For context, after years of back-and-forth, the Australian government has decided to expand anti-money laundering and counter-terrorism financing (AML/CTF) regulations with the new Amendment Bill 2024. For fund managers, this means more compliance obligations as the government seeks to address shortcomings flagged by the Financial Action Task Force (FATF), which has been pushing Australia to bring sectors like real estate, legal, and accounting under the AML/CTF umbrella called “Tranche 2”. Previously, these “designated non-financial businesses and professions” (DNFBPs) were outside AML/CTF scope, putting Australia on a list alongside Haiti and Madagascar. Now, with new rules set for 2026, fund managers and other impacted sectors will need to ramp up compliance efforts, facing increased responsibilities and a heavier regulatory burden to keep up with these expanded requirements. Fund managers - Caruso has your back. We created a practical guide for Australian Fund Managers in order to adapt to the latest AML/CTF amendments. Our guide offers a high-level overview of relevant changes, the rationale behind them, and a step-by-step approach for proactive compliance preparation. See the guide via the link: https://bit.ly/411Wprn

With Caruso's new Expressions of Interest feature, fund managers can easily capture early investor interest without requiring a full commitment. This streamlined approach enhances the capital-raising process, providing a clear view of investor engagement from start to finish. https://bit.ly/48YvkqS

Traditional deposit reconciliation processes are often manual, time-consuming, and prone to human error. With Caruso's new bulk deposit reconciliation, Caruso reduces the burden on finance teams, automating reconciliation workflows and minimising errors. https://hubs.ly/Q02STqJp0