Sat, Dec 14, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

FNEX to launch a new marketplace for alternative investments

Friday, August 16, 2013

Bailey McCann, Opalesque New York:

New platforms for hedge funds or other private placement investments open all the time, promising clients access to the newest alpha generating vehicles you've never heard of. FNEX seeks to turn that idea on its head with a marketplace for Reg D private placements, alternative funds and additional investment vehicles. Unlike closed platforms, investors and funds can sign on to FNEX without an existing relationship to the firm. From there, investors can source deals and even take them all the way through funding through the FNEX virtual deal room.

"This is a site geared toward transactions. We wanted people to be able to research and complete the transaction on the same platform if they want to," FNEX CEO, Todd Ryden, tells Opalesque.

So far the marketplace has been in development for a little over a year, including a beta period that the firm has used to bring funds and investors online and start building a pipeline of offerings. A quick scan of the platform shows a variety of funds including hedge funds, manage futures firms, and other private funds with names investors will recognize. Ryden estimates that there is approximately $100m in Reg D issuance online now, which will continue to expand through the official launch. The official launch is on track for the end of September.

Once an investor finds an opportunity they are interested in, they can look at an initial set of information provided by the issuing firm, t......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. 50 South Capital & Preqin highlight emerging manager outperformance in a new report[more]

    Bailey McCann, Opalesque New York for New Managers: New data from Preqin and 50 South Capital, the investment arm of Northern Trust, shows that emerging managers are outperforming established managers by almost 4% a

  2. An academic wrecking ball aims at hedge funds[more]

    From Bloomberg: Quant investing, and indeed much of the hedge fund industry, is built on the power and freedom that come with the ability to sell short. When you short a security (borrow and then sell it, meaning you make money if the price falls and you then re-buy it), you can profit when markets

  3. PE/VC: Private equity buys $101bn of European businesses, 30 under 30 venture capital 2020: Meet the young investors backing tech's next big thing[more]

    Private equity buys $101bn of European businesses From Bloomberg: European equities' cheap valuations have turned the region into a honeypot for private-equity and arbitrage funds looking to reap double-digit returns. With the buyout firms enjoying a massive amount of dry powder, especial

  4. PE/VC: The truth about private equity fund size, US VC investment in female founders hits all-time high[more]

    The truth about private equity fund size From Institutional Investor: As the end of the year approaches, institutional investors in private markets are wrapping up work on the last few funds we need to invest in to hit our targeted annual commitment levels. You see, private equity

  5. Crypto: Almost 70 crypto hedge funds have closed this year as institutional investors shy away, Central bank talk of launching cryptocurrencies is all bluff, Thailand and Hong Kong in crypto collaboration with cross border token project, Crypto loans see solid growth, platforms attract community interest, A Bitcoiner in the Senate? Is Bakkt CEO in US govt. good or bad for crypto?, Bank of France to test digital currency in 2020[more]

    Almost 70 crypto hedge funds have closed this year as institutional investors shy away From The Block Crypto: Nearly 70 crypto-focused hedge funds that largely cater to institutional investors, such as pension funds and family offices, have closed this year. The number of new fund