Partnership reflects a commitment to innovative alliances that help push access to alternative investments to more broker-dealers
Alternative Investment Exchange (AIX), an alternative investment technology firm that makes it easier for wealth managers and fund sponsors to do business in alternatives, announced it has partnered with InvestX, a fund sponsor and marketplace that empowers broker-dealers and advisors to invest and trade in pre-IPO giants through its state of the art electronic trading platform, InvestX GEM.
Through the partnership, AIX will enable InvestX to offer broker-dealers and advisors an all-digital investing experience for their special purpose vehicles (SPVs) onboarding. And for firms that are interested in further exploring SPV opportunities, the InvestX GEM platform is a secondary market for SPVs, exclusively for broker-dealers.
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“We believe in creating a better experience for all types of alternative investment vehicles,” explained Joseph P. Ujobai, CEO of AIX. “We are excited to partner with InvestX to make investing in SPVs easier for advisors and their clients, and the opportunity to digitize the full lifecycle of owning and selling these products.”
AIX offers a technology solution that plugs into wealth managers’ and fund sponsors’ existing alts business, working behind the scenes to turn even the most complex and cumbersome investing experience into an easy one.
“We are excited to be partnering with AIX,” said Brian Schaeffer, Managing Director of InvestX. “AIX’s innovation and commitment to the alternative asset class is a great complement to the InvestX mission of democratizing the Pre-IPO asset class, by providing broker dealers with access to world class Pre-IPO Giants.”
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With decades of experience and industry expertise in the private market sector, InvestX navigates the complexities of transacting in the private markets for its clients. InvestX GEM was designed to deliver broader access, liquidity, and innovation through real-time information, price-discovery, and technology. InvestX GEM provides a secondary trading platform which allows investors to sell positions earlier than waiting for a private company to go public. The platform is a cloud-based solution that can be connected via a web-based login or a FIX protocol, which integrates directly with the back-end systems of broker dealers, further facilitating the electronic trading of private securities.
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