FinTech Collective portfolio company Artivest Founder and CEO James Waldinger gives a great interview with FA Mag on bringing innovation to the alternative investment marketplace. Adoption of the Artivest platform has grown dramatically with wealth and asset management clients, as the technology is expected to increase the assets raised and significantly reduce related costs.
Waldinger: A number of players are trying to solve for the question of how to efficiently and cost-effectively service smaller investors in private alternative funds. Before Artivest, there were three types: 1.) placement agents who offer traditional capital introduction for a fee but leave both investor and fund with cumbersome paperwork and reporting to navigate; 2.) tech-only providers that alleviate part of the paperwork burden, e.g., by hosting documents online; and 3.) social networking platforms that introduce issuers and investors but neither offer institutional-caliber managers nor deploy a research team to select funds. Artivest is the first and only independent solution combining technology, operations, compliance, manager research and product structuring to provide a seamless experience for both investors and sponsors of top private funds.
https://www.fa-mag.com/news/becoming-the-universal-nexus-for-alternative-investments-35282.html