Fintech Bite Investments has launched Bite Wealth Universe, a global digital hub for family offices, IFAs and sophisticated investors to access private markets.
The hub aims to increase fund managers’ access to new types of investors across geographies.
It will function on the firm’s SaaS platform, Bite Stream, offering funds from Bite’s client base and the group’s regulated investment manager.
Investment funds available include direct and co-investments in private equity, private credit, real estate, infrastructure, venture capital, hedge funds and cryptocurrency.
Justin Mason, head of Bite Wealth Universe, commented: “The product allows our Bite Stream clients to amplify the reach of their funds and opportunities outside of their own audience to our larger universe of investors, which we have built up over many years in the industry. Asset managers benefit from a larger exposure to investors with an appetite of investing in alternatives, during what has been an unusually difficult fundraising environment.”
Source: The Drawdown
