The US multi-issuer platform backed by five investment banks is seeking to expand its footprint in the alternative investments space with the new capital.

Luma Financial Technologies (Luma) has closed a US$63m series C financing led by Sixth Street Growth, previously known as Sixth Street’s Capital Solutions business. Existing shareholders Bank of America, Morgan Stanley, UBS, and TD Bank Group also participated in the round. ‘The additional capital will enable the acceleration of Luma’s expansion across key markets, deepen its investment in product innovation, and further enhance its global client support capabilities,’ s