Sat, Aug 15, 2020
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. PE/VC: How private equity co-investments can accelerate investor returns following a crisis, Pandemic slowed private equity fund closings in first half, Private-equity giants inking more deals in Asia[more]

    How private equity co-investments can accelerate investor returns following a crisis Investing in a post-crisis period is never simple. The atmosphere of opportunity compels investors to put capital to work. However, where and how to best invest becomes more important than ever. P

  2. Investing: Viking Global slashes exposure to hot tech stocks, Warren Buffett may have bought back a record $7bn of Berkshire Hathaway stock in the past 3 months[more]

    Viking Global slashes exposure to hot tech stocks From Institutional Investor: Viking Global Investors in the second quarter sharply cut back on positions in at least three of the market's hottest tech and internet stocks, according to a regulatory filing made public late Friday afterno

  3. PE/VC: Private equity firms bet on insurance, Private equity sees late July mini-boom as funds gear up for 'new normal'[more]

    Private equity firms bet on insurance From Institutional Investor: Major publicly traded private equity firms' assets under management are growing, largely thanks to investments in insurance companies. A new analysis from PitchBook of five major private equity firms' second-quar

  4. Private real estate fundraising plummets 28% with 58 funds closed in Q2 2020[more]

    Laxman Pai, Opalesque Asia: The number of private real estate funds reaching a final close has plummeted so far this year. Just 58 private real estate funds reached a final close in Q2 2020, down 28% from 81 funds closed in Q1 2020 and 47% from Q2 2019 (110), said a report by Preqin. That said

  5. Opalesque Exclusive: Katch secures guaranteed income through private debt to SMEs[more]

    B. G., Opalesque Geneva: Short-term lending to SMEs can be a good alternative to traditional fixed income, provided the risks are well under control. One fund that does just that is the Katch Global Lending Opportunitie