Overview of Transaction

• On August 12, 2020, Trumid announced the completion of a $200 million growth capital investment at a valuation of over $1 billion led by Dragoneer Investment Group, with participation from new investors including TPG Capital, and funds and accounts managed by BlackRock and T. Rowe Price Associates, Inc.
• Trumid is a US corporate bond trading platform that brings trading efficiency and connectivity to credit professionals
• The Company has differentiated itself by collaborating with market participants to create innovative trading solutions
• Since its launch one year ago, Trumid’s Attributed Trading (AT) protocol has established a dominant position in dealer streaming and bilateral dealer-client trading
• Trumid has experienced extraordinary growth in activity across its trading platform, with volumes up nearly 500% in 2020 from its network that has grown to over 500 institutions worldwide

Significance of Transaction

• The growth capital from this financing will support broadening of Trumid’s trading protocols and expansion into adjacent products and geographies

FT Partners' Role

• FT Partners served as exclusive financial and strategic advisor to Trumid
• This transaction highlights FT Partners’ deep domain expertise within Capital Markets Tech, as well as its successful track record generating highly favorable outcomes for high-growth FinTech companies globally