Auction Funds fundamentally change how Financial Advisors (FAs) advise High Net Worth Investor (HNWI) on private investments and allow Institutional Investors to allocate capital to private markets with the opportunity to rebalance portfolios.
The auction fund structure elevates the interval fund while retaining its benefits, including:
Zero capital calls
Tax RICs with 1099's
The Benefits of Auction Funds
Achieve Private Equity Allocations
No wirehouse is close to achieving model portfolio AI allocations even though private equity (PE) is the bigget unmet desire of HNWIs.
*Source: 2018 U.S. Trust Insights on Wealth & Worth, June 2
Address Structural Problems
Auction Funds are not just for accredited investors, but for qualified purchasers who can buy traditional feeder funds, eliminating issues that affluent investors & their gatekeepers experience with existing AIs.
The Key to New Capital Flow
Auction Funds may significantly increase private equity allocations and create a strong argument to financial advisors seeking a new investment vehicle - a fundamentally better answer to the unmet desires of HNWIs.
Onboarding and Setup
Specific auction language will be provided to insert into fund documents, and onboarding investors, buyers, and funds is simple.
Auctions occur periodically and can be customized to meet a fund sponsor's criteria.
Pricing and Process
Our algorithmically-managed auction process determines one clearing price for all buyers and sellers - regardless of order size.
Closing & Settlement
Our dedicated operations team manages the integrated payment workflow and closing documentation through our own paying agent.
Auction funds are meant to provide affluent individuals much broader access to many non-public investment categories, including private equity, venture, real assets, infrastructure, and private credit.President, Nasdaq Stock Exchange READ THE WHITEPAPER
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