Tuesday, 29 July 2014
Last updated 10 hours ago
Sep 23 2013 | 1:55pm ET
A new web-based platform aims to connect accredited investors with investment opportunities in private companies, hedge funds and managed futures accounts.
“FNEX is a centralized marketplace where investors and offering groups can connect and complete strategic transactions all on a single platform,” said Todd Ryden, CEO of FNEX. “Our unique and streamlined process caters to experienced, savvy investors who are looking for a simple sourcing platform that provides them with a reliable resource for identifying, reviewing and investing in a full range of alternative investments.”
FNEX provides a distribution platform for investment banks and hedge funds to list offerings but it also attempts to educate investors about alternative investment opportunities and “enhance their ability to make informed and targeted investment decisions.” The platform offers a wide range of searchable investment opportunities by size, sector and strategy. There is no cost for accredited investors to use the online platform.
All investment banking securities transactions on the FNEX will be conducted through StillPoint Capital; managed futures accounts are offered by Capital Trading Group.
The FNEX launch comes as the SEC ends an 80-year-old ban on hedge fund advertising and permits "emerging growth" companies to crowd-source financing of up to $1 million per year without registering their securities.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…