FNEX Ventures has created a series of investment vehicles to allow high net-worth individuals and family offices to invest in venture-backed private companies.
Why Should You Consider Access to Private Growth Companies?
FNEX Ventures has created a series of investment vehicles to allow high net-worth individuals and family offices to invest in venture-backed private companies. As companies have stayed private longer, much of the growth in value for tech companies takes place prior to an IPO. Traditionally investing in such companies has necessitated high minimum investments and an expensive, time-consuming closing process. FNEX Ventures allows investors to participate at a minimum of $50k. This enables investors to participate across many different private companies and allocate to an asset class previously unavailable.
Class I: XFNEX
Has the initial public offering (IPO) gone private?
A number of factors are contributing to companies no longer going public, or being much larger when they IPO. Today public companies are 50% older and 4 times larger than they were 20 years ago; while the number of S&P Index companies growing at 20% or more annually has been reduced by 50%. Retail investors have effectively been cut out of these growth opportunities and the historically attractive returns many late-stage, venture-backed companies have provided to investors.
According to Reuters:
The Pre-IPO market (late stage private companies) has become the IPO market of the past, but it’s only available to investors such as venture capital firms, mutual funds, and hedge funds able to put up large amounts of money
For a minimum investment of $2,500, XFNEX, a closed-end interval fund, offers individuals, family offices, and institutions an attractive means to access the venture-backed asset class. For more information and disclosures, please download the Prospectus. target-list