LONDON, May 31, 2012 /PRNewswire/ -- IntraLinks Holdings, Inc. (NYSE: IL), a leading, global technology provider of inter-enterprise content management and collaboration solutions, today announced that Acanthus Advisers, a leading independent advisory firm focused on private equity fund placement, has selected IntraLinks' cloud-based solution for its fundraising mandates.
"The current environment remains quite challenging and investors are carrying out increasingly in-depth due diligence before deciding to commit to a fund," said Kanika Kumar, associate at Acanthus Advisers. "It is integral to have the best systems in place so our clients can invite investors into a secure and user-friendly environment to view all due diligence information. We choose to work solely with IntraLinks as it provides the securest virtual data room on the market and is the most recognized and trusted brand within the investor community."
With IntraLinks, Acanthus Advisers can now store all due diligence information relating to its clients' funds on a secure online platform and permission access to its global investor community. Conducting due diligence activity via IntraLinks provides intelligence into investor intent and ensures a fully audited service throughout the entire lifecycle.
"We are delighted that Acanthus Advisers has selected IntraLinks as its preferred virtual data room of choice," said Derek Flynn, managing director and senior vice president sales, EMEA of IntraLinks. "Acanthus Advisers can now share confidential information quickly and securely, whilst retaining control, eliminating time intensive administrative tasks and allowing complete focus on their clients' fundraising strategy, providing an easy to use solution not only to its private equity clients but also to the investor community."Globally, 7 out of the top 10 funds and 9 out of the top 15 funds were raised on the IntraLinks platform. About IntraLinks IntraLinks Holdings, Inc. (NYSE: IL) is a leading, global technology provider of inter-enterprise content management and collaboration solutions. Through innovative Software-as-a-Service solutions, IntraLinks solutions are designed to enable the exchange, control, and management of information between organizations securely and compliantly when working through the firewall. More than 2 million professionals at 800 of the Fortune 1000 companies depend on IntraLinks' experience. With a track record of enabling high-stakes transactions and business collaborations valued at more than $19 trillion, IntraLinks is a trusted provider of easy-to-use, enterprise strength, cloud-based collaboration solutions. For more information, visit www.intralinks.com About Acanthus Advisers Established in 1998, Acanthus Advisers is a specialist advisory-led boutique with a diverse and dedicated team benefiting from deep and broad experience. Since inception, Acanthus has maintained an undiluted focus on European mid-market private equity, offering a full range of advisory services to managers with a focus on fundraising.