News & Insights

IDR Rebrands as Sonata One 

Tim Andrews_CEO of IDR
Tim Andrews
Fri, 21 Mar, 2025

New York and London – 24 March 2025, IDR, The Private Funds Clearinghouse, today unveiled its new name and brand identity: Sonata One.  

One Vision 
Tim Andrews, Chief Executive of Sonata One, stated:  
In the words immortalised by Queen, all we need is ‘one vision.’ Our new name, Sonata One, reflects our commitment to changing the paradigm of private markets investing. By harmonising every stage of the investment process, in one platform, underpinned by globally compliant standards we’re creating a seamless, friction-free private markets investment experience that facilitates far wider access to the asset class.” 

Sonata One connects a rapidly growing network of over 53,000 investors with +6,500 funds seamlessly and securely, enabling faster fundraising, enhanced regulatory compliance and a superior investor experience across the entire fund lifecycle. The transition to Sonata One is at once a natural evolution of the firm’s identity and a bold statement around its strategic direction. 

  • “Sonata” embodies harmony—bringing the private markets ecosystem together around common standards. 
  • “One” symbolises the ambition to be the single access point through which capital and data flow seamlessly. 

One Global Investor Experience 
Private markets are undergoing a transformation as fund managers raise larger funds, attract capital from a more diverse investor base, and expand their reach to include retirement assets such as 401(k) pension schemes. 

Sonata One is leading this evolution, building on its one-and-done KYC passport solution with a suite of new services launching in 2025. These include: 

  • W-form automation and management 
  • Withholding Tax Support 
  • Global Transfer Agency – leveraging our KYC passport for seamless investor support.  

This enhanced functionality will provide investors with a seamless, fully supported experience throughout the fund lifecycle—from selection and subscription to settlement and reporting. 

Tim Andrews added: 
“Enabling investors to Select, Subscribe, Settle, and See their whole portfolio within a single platform delivers transformative benefits—streamlining capital raising for fund managers and creating a frictionless experience for institutional investors. More importantly, by combining the buy-button simplicity of public markets investment platforms with institutional-grade private markets opportunities, we are meaningfully expanding access to the asset class for individual investors. With over 50% of the world’s private markets investors already on our platform, we’re excited to drive this new era of investing as Sonata One.” 

Hear about the inspiration behind our new name from our CEO, Tim Andrews – watch our rebrand video here.

About Sonata One 
Sonata One is the private funds clearinghouse, connecting more than 53,000 investors with 6,500 funds and 180 fund managers around the globe. We’re simplifying private markets investing with an end-to-end solution for fund selection, subscription, settlement, and reporting. Investors benefit from a seamless one-and-done experience across the fund lifecycle, underpinned by a unique globally compliant KYC passport and 24/7 support. Fund managers can raise capital faster at a lower cost from a wider pool of pre-approved investors.  Founded in 2015, Sonata One has a presence in eight locations worldwide including the US, UK and Luxembourg.  

More information 

Media contact: Tabatha Fenn – [email protected] 

Website: www.sonataone.com  

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