Ondo brings private markets onchain with 24/7 trading from day one

Ondo launches Ondo Private Markets, bringing tokenized exposure to pre-IPO companies starting with AI, with 24/7 secondary trading for eligible investors.

• Ondo Finance has launched Ondo Private Markets, enabling tokenized exposure to pre-IPO companies, starting with AI.
• The platform offers 24/7 secondary trading for eligible investors, addressing historical issues of access and liquidity in private markets.
• This expansion leverages Ondo's existing infrastructure, which already supports tokenized Treasuries and public equities, with institutional partners like BlackRock and JPMorgan.

Topics: Asset types, Scalability, Institutional adoption, Alternative assets, Private market, Institutional capital inflows, Asset manager initiatives

Tags: #ondoprivatemarkets #tokenizedexposure #preipocompanies #secondarytrading #privateequity #assetmanagers #institutionalinvestors #blockchaininfrastructure #liquidity #access

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El 80% de los inversores con más de $10 millones usa activos alternativos, según Goldman Sachs

Goldman Sachs halló que el 80% de los inversores con más de $10 millones usa activos alternativos. No implica una salida de la bolsa.

• A Goldman Sachs survey indicates that 80% of investors with over $10 million in assets utilize alternative investments, not necessarily abandoning traditional stocks.
• The adoption of alternative assets, such as private equity and real estate, increases with wealth, driven by diversification and yield-seeking goals, despite associated risks.
• Maintaining a significant portion of wealth in cash is also common, suggesting a balanced portfolio strategy rather than a complete exit from public markets.

Topics: Asset types, Scalability, Institutional adoption, Alternative assets, Institutional capital inflows, Asset manager initiatives

Tags: #goldmansachs #alternativeassets #highnetworthinvestors #diversification #privateequity #realestate #portfolioallocation #riskmanagement #tokenizedassets #liquidity

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US housing crunch puts private equity in midterm campaign crosshairs

• Private equity firms are facing increased political scrutiny in the US midterms, with candidates blaming them for soaring housing costs and reduced affordability.
• Numerous candidates are pledging to restrict institutional investment in single-family homes and other real estate, citing negative impacts on rent, maintenance, and home values.
• While some new regulations aim to limit large investors, specialized real estate firms may fall outside their scope, highlighting ongoing debates about the role of private capital in the housing market.

Topics: Asset types, Legal regulatory, Institutional adoption, Real assets, Investor protection disclosure, Asset manager initiatives

Tags: #privateequity #housingcosts #midtermelections #institutionalinvestors #realestate #affordablehousing #campaigntrail #rents #homeownership #politicalscrutiny

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ARK Venture Fund adds tokenized shares on Ethereum via Securitize

ARK Invest and Securitize announced the launch of the ARK Venture Fund’s tokenized share class, ARKVX, on September 24. This initiative will see shares of | Bitget crypto news!

• ARK Invest has launched a tokenized share class (ARKVX) for its Venture Fund on the Ethereum blockchain via Securitize's platform.
• This initiative allows investors fractionalized interests in the regulated fund, which holds stakes in private and public technology companies, rather than direct equity in those companies.
• The tokenization aims to leverage blockchain for efficiency and broader investor reach, aligning with the growing trend of tokenized real-world assets.

Topics: Asset types, Infrastructure providers, Institutional adoption, Private equity vc, Tokenization platforms, Asset manager initiatives

Tags: #arkinvest #securitize #tokenizedshares #arkvnx #ethereum #privateequity #venturefund #blockchain #fractionalinterest #disruptiveinnovation

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$5.3B Grant Cardone Buys 1,200 Bitcoin to Fuel Real Estate-BTC Hybrid Model

Grant Cardone’s $5.3B firm adds 1,200 Bitcoin as it expands a real estate-BTC model funded by rental cash flow.

• Grant Cardone's firm has purchased an additional 1,200 Bitcoin, expanding its hybrid real estate-Bitcoin investment model.
• The strategy utilizes rental cash flow from multifamily units to dollar-cost average into Bitcoin, aiming for higher returns than real estate alone.
• While offering potential for increased returns and diversification, the model carries risks associated with Bitcoin volatility and long investor lock-up periods.

Topics: Asset types, Institutional adoption, Yield performance, Real assets, Asset manager initiatives, Private credit high yield

Tags: #grantcardone #bitcoin #realestate #cardonecapital #tokenization #rentalincome #hybridmodel #privateequity #investmentstrategy #digitalassets

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An obituary for the Drexel generation

• The article discusses the rise of Apollo Global Management, founded by Drexel Burnham Lambert alumni, as a major player in the private equity and insurance industries.
• It highlights the firm's origins in the junk bond market, its strategic use of insurance portfolios like Athene, and the succession drama within its leadership.
• The piece also touches upon the ethical and legal controversies surrounding its founder, Leon Black, and positions the book 'Money to Burn' as an obituary for the Drexel generation and a history of modern private equity giants.

Topics: Private market, Institutional adoption, Legal regulatory, Private credit debt funds, Asset manager initiatives, Securities law classification

Tags: #apollo #drexelburnhamlambert #michaelmilken #junkbonds #privateequity #leonblack #williamcohan #moneytoburn #jeffreyepstein #athene

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As private markets go mainstream, can advisors keep up with due diligence?

With retail investors projected to allocate $2 trillion into private equity, credit and similar investments over the next five years, asset managers are increasingly acting as a bridge to previously exclusive opportunities.

• Retail investors are projected to allocate $2 trillion into private markets over the next five years, with asset managers acting as intermediaries.
• Advisors face significant due diligence challenges due to the illiquidity, high fees, and lack of transparency in private markets.
• Interval funds are emerging as a popular vehicle to mitigate withdrawal limitations, and platforms are developing to ease advisor adoption and education in private markets.

Topics: Private market, Scalability, Institutional adoption, Private credit debt funds, Institutional capital inflows, Asset manager initiatives

Tags: #privatemarkets #advisors #duediligence #privateequity #privatecredit #assetmanagers #intervalfunds #retailinvestors #financialadvisors #alternativeinvestments

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Securitize Hits $5 Billion in Tokenized Assets as Institutional Demand Accelerates

Securitize, a leading platform for issuing and managing security tokens, announced that the total value of assets tokenized on its infrastructure has surpassed $5 billion. The milestone

• Securitize has surpassed $5 billion in tokenized assets, driven by increasing institutional demand for efficient and transparent ownership of traditionally illiquid assets like private equity and real estate.
• This milestone signifies a move towards operational use of tokenization in finance, with major asset managers partnering with Securitize to bring tokenized funds to market.
• While regulatory clarity remains a factor, the growth indicates tokenization is becoming a practical tool for modern portfolio management, with projections suggesting a multi-trillion dollar market by 2030.

Topics: Asset types, Institutional adoption, Scalability, Private equity vc, Asset manager initiatives, Growth metrics

Tags: #securitize #tokenizedassets #privateequity #institutionaldemand #blockchain #digitalsecurities #assetmanagement #fractionalownership #regulatoryclarity #5billion

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Neuralink Pre-IPO on Binaryx: Deal Terms & Risks

Binaryx opens pre-IPO investing in Neuralink from $250 at a $44B entry valuation. Deal terms, a worked example, and the risks, explained in full.

• Binaryx is offering pre-IPO investment opportunities in Neuralink, a brain-computer interface company founded by Elon Musk, with a minimum investment of $250 and an entry valuation of $44 billion.
• The platform utilizes a tokenized ownership model, similar to its real estate ventures, to provide broader access to private equity deals, though significant risks including regulatory timelines, competition, and long-term holding periods are highlighted.
• The article details the deal structure, potential returns based on specific scenarios, and emphasizes the inherent risks associated with early-stage, pre-revenue companies and pre-IPO investing.

Topics: Private market, Institutional adoption, Scalability, Private equity vc, Onboarding prime brokerage, Institutional capital inflows

Tags: #neuralink #preipo #binaryx #elonmusk #braincomputerinterface #privateequity #valuation #investment #risk #tokenization

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UK’s Bridgepoint nears deal to buy real estate unit in bet on US prop…

• UK's Bridgepoint is nearing a $1bn deal to acquire Kayne Anderson's real estate arm, a significant move into the US property sector.
• The acquisition will boost Bridgepoint's assets under management and expand its focus into property takeovers and lending.
• Kayne Anderson's real estate unit specializes in high-growth areas like medical offices, senior housing, and student accommodation.

Topics: Asset types, Institutional adoption, Real assets, Asset manager initiatives

Tags: #bridgepoint #kayneanderson #realestate #privateequity #acquisition #assetmanagement #uspropertysector #medicaloffices #seniorhousing #studentaccommodation

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BlackRock Private Investments Fund’s tender offer comes up short on seller interest

• BlackRock's Private Investments Fund (BPIF) experienced an undersubscribed tender offer, meaning fewer investors sought to exit than the fund offered to repurchase.
• This indicates a potential lack of immediate seller interest or a long-term commitment from existing accredited investors in private equity.
• The fund's structure, fee reductions, and accessibility are key factors for potential investors to consider.

Topics: Asset types, Scalability, Institutional adoption, Private equity vc, Market depth liquidity, Asset manager initiatives

Tags: #blackrockprivateinvestmentsfund #bpif #tenderoffer #undersubscribed #privateequity #accreditedinvestors #liquidity #closedendfund #feereduction

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Bill limiting investors from buying homes set to speed through Congress

Top lawmakers reached an agreement on a key housing bill that would limit investor ownership, clearing the way for passage through both chambers of Congress.

• A new housing bill limiting major investors from buying single-family homes is nearing passage in Congress.
• The legislation aims to increase home affordability by capping investor purchases at 350 homes.
• Senator Elizabeth Warren highlighted the bill's significance in restricting private equity's expansion into residential neighborhoods.

Topics: Asset types, Legal regulatory, Political endorsements opposition, Real assets, Securities law classification, Pro innovation policy

Tags: #investorownership #housingbill #congress #privateequity #singlefamilyhomes #affordablehousing #realestate #legislation #homeownership

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Brian Moriarty and Jack Shannon: Putting Private Markets Funds Through Their Paces

Morningstar’s Manager Research team has cast its gaze on a newer class of funds that aims to widen investors’ access to private markets. We discuss the process the team plies in doing its due diligence on these funds, their prospective risks and rewards, and the overarching objective of the team’s research—sending clear and actionable signals to investors.

• Morningstar's Manager Research team is developing a process to evaluate semiliquid funds, which offer investors access to private markets like private credit and private equity.
• Key challenges in evaluating these funds include managing liquidity, understanding complex fee structures, and assessing valuation methodologies due to the inherent opacity of private markets.
• The research aims to provide investors with actionable signals, like the Morningstar Medalist Rating, to help them navigate the risks and rewards of these increasingly popular but complex investment vehicles.

Topics: Private market, Institutional adoption, Risk default, Private credit debt funds, Asset manager initiatives, Credit counterparty risk

Tags: #privatemarkets #semiliquidfunds #morningstar #duediligence #liquidity #valuation #leverage #fees #privatecredit #privateequity

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