London-based Fairlight Capital Partners has taken a minority stake in Singapore FinTech Noviscient, which is looking to reshape how boutique and emerging fund managers build institutional-grade hedge funds.

Noviscient’s platform, FundBox.ai, offers a complete digital infrastructure for fund creation, compliance, administration and reporting, helping new managers go live in as little as two months and cut operating costs by up to 70%.

The system allows funds to start with as little as $2 million in capital while maintaining full institutional quality.

The investment from Fairlight, which specialises in seeding and scaling investment firms, will support the company’s global expansion and technology innovation.