To use these platforms, individual investors will need to demonstrate that they are savvy enough to understand the funds and have the means to withstand the risk. They will need to qualify as a ‘professional’ or ‘well-informed’ investor before proceeding. A financial advisor can explain the accreditation criteria and how the process works.
Icapital
Available via a private bank or wealth manager. Minimum investment of €25,000 or €100,000 depending on the type of fund. “Globally, Icapital services more than $180bn in invested capital across approximately 1,440 funds,” as of April 2024, says a rep. It has partnerships with the likes of Apollo, Blackrock, Carlyle Group, Goldman Sachs, Temasek and UBS.
Moonfare
Most funds open to accredited investors with a minimum investment of €50,000, but “eligible retail investors” will be able to access its coming Eltif 2.0 product from €10,000. “Moonfare aims to offer a curated and diversified set of private market funds and direct investments. So far, more than 110 funds have been launched on the platform,” says a rep. It has 4,000 clients, “is fast approaching €3bn” in assets under management and “works with over 100 partners.”
Sprout
Minimum investment of £25,000. “Sprout provides investors with visibility of the venture capital and private equity space, allowing investors to market map funds based on their interest,” says a rep. “We currently have over 50 funds on the platform, and expect to have over 100 funds on the platform by the end of” June 2024.
Stableton
Minimum investment of €100,000. “Stableton’s mission is to provide superior access to growth equity and pre-IPO deals and portfolios with a focus on secondaries,” says a rep. Founded in 2018, it has 4,000 registered platform users, $250m in assets under management, and partnerships with Swissquote and Morningstar.
Titanbay
Open to accredited investors via a private bank, wealth manager or investment advisor. Minimum investment of €100,000. “Titanbay typically offers 10-15 funds per year, diversified across the full private markets spectrum: private equity, growth equity, venture capital, private debt, infrastructure and secondaries,” says a rep. It has 3,500 investors and partnerships with Abrdn, FNZ and Mercer.
Read also
Crowdfunding
Equity crowdfunding platforms allow investors with varying levels of sophistication to take a direct stake in a startup or growth company. Most deals on Companisto, Crowdcube and Seedrs have a minimum investment of €10,000.
A number of international platforms provide access to both direct deals for retail investors and funds for accredited investors. Check out Angellist, Ourcrowd and Wefunder.
Read all the documentation carefully.
.