New bid to democratise private equity
As an industry, private equity is often viewed as lacking in technological innovation, with some going as far as to say the industry is “scared” to diverge from its old ways. Investing in the asset class is often a drawn out process and confined to major institutional investors, namely large pension funds and endowments.
Technology is slowly changing that, and the launch of AtomInvest’s platform comes with the aim of “democratising” the asset class, co-founder Hemal Mehta claims.
Categories: AnalysisFundraising & fund structuringTechnologyTech providers