Arcesium, a global financial technology provider serving the investment industry, has acquired Limina, a Stockholm-based portfolio and order management system (P/OMS) provider, in a move aimed at delivering a fully integrated front-to-back operating platform for asset managers, hedge funds, and asset owners.
The acquisition brings together Limina’s front-office capabilities with Arcesium’s middle- and back-office solutions, addressing a long-standing industry challenge: fragmented systems and siloed data across the investment lifecycle.
Connecting the Investment Lifecycle
Investment firms often rely on disconnected tools spanning portfolio management, trading, operations, and reporting. By integrating Limina’s P/OMS into its existing platform, Arcesium aims to provide clients with a unified operating model designed to improve data consistency, operational efficiency, and decision-making across asset classes and global markets.
The entire Limina team will join Arcesium, with Kristoffer Fürst, Limina’s Founder and CEO, reporting to Bryan Dougherty, Arcesium’s President of Product and Technology.
“This acquisition marks an important milestone for Arcesium as we complete our first transaction and expand our platform into the front office,” said Gaurav Suri, CEO of Arcesium. “Both companies share deep roots in trading environments and a focus on solving real operational challenges for sophisticated investment firms.”
Strategic and Technical Fit
Limina’s cloud-native architecture and multi-asset coverage complement Arcesium’s enterprise data management and post-trade technology, making the firm a natural addition to Arcesium’s platform strategy.
Together, the companies plan to offer institutions an end-to-end solution with modular components, designed to modernize data-driven workflows while allowing firms to scale and adapt as market complexity increases.
“For investment managers, unified workflows and a consistent source of reliable data are critical,” said Kristoffer Fürst, Founder and CEO of Limina. “By joining Arcesium, we can deliver a more comprehensive front-to-back platform that supports scalability, faster product launches, and more dynamic responses to changing market conditions.”
Expanding Global Presence
The acquisition is expected to strengthen Arcesium’s footprint in Europe while supporting continued growth in the U.S. and other international markets. It follows the company’s recent expansion in Asia with the opening of a Hong Kong office and the establishment of a European presence in Lisbon.
OPCO Advisory Services and Zelig Associates served as financial advisors to Arcesium and Limina, respectively, on the transaction.
About Arcesium
Arcesium provides pre- and post-investment and enterprise data management solutions to some of the world’s most sophisticated financial institutions. Built on technology originally developed by the D. E. Shaw group and launched in partnership with Blackstone, Arcesium supports over $5.3 trillion in gross assets under management and services clients across global markets.
