SYS-CON MEDIA Authors: Kevin Benedict, Jason Bloomberg, David H Deans, RealWire News Distribution, Gilad Parann-Nissany

News Feed Item

FNEX Surpasses $40 Billion in Listed Alternative Investments

FNEX, the first and leading online alternative investment and private securities marketplace, today announced that since launching the platform seven months ago the company has aggregated in excess of $40 billion in alternative investment opportunities including investments in businesses, real estate, hedge funds and managed futures accounts.

FNEX launched FNEX.com, an online marketplace for alternative investments including direct placements in private companies, hedge funds and managed futures accounts in September 2013. The web-based platform provides investment advisors, family offices, institutions, and accredited investors access to investment opportunities offered by investment banks and funds across the United States. The powerful distribution platform also provides investors with the tools needed to educate themselves on alternative investment opportunities.

“The rate at which accredited investors and issuers are embracing the FNEX marketplace is encouraging and a validation that there is a need and a growing demand for a centralized sourcing platform that provides a reliable resource for identifying, reviewing and investing in a full range of alternative investments,” said Todd Ryden, CEO of FNEX.

To date, FNEX has reached agreements and become integrated with custodians, trusts and self-directed IRA platforms that represent over 400,000 accounts and over $40 billion in assets under management, with more than 200 investment banking offices and 13,000 family offices actively engaging the transactional marketplace for alternative investment opportunities.

Added Ryden, “We are using technology to bring transparency and efficiency to a traditionally opaque market and have created an environment where accredited investors can focus their time on evaluating a deal, not trying to find opportunities. That’s our value proposition and why we are confident we can continue to build an enduring business.”

About FNEX

FNEX is “The Alternative Investment Marketplace” connecting accredited and institutional investors to investment opportunities in private companies, private investment funds (hedge funds), and managed futures accounts. FNEX’s mission is to help investors source investment opportunities, and help offering groups connect with investors. FNEX was founded in 2012 by professional investors, entrepreneurs and attorneys. For more information please go to www.FNEX.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.